A sign of market confidence


Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic) said: “The issuance is not only a global first on many fronts but also a strong recognition of Malaysia’s Islamic finance industry’s innovative capabilities in structuring sukuk to help advance Malaysia’s SDG-focused policies towards achieving our Shared Prosperity Vision 2030.”

KUALA LUMPUR: The government has successfully priced the world’s first sovereign US dollar Sustainability Sukuk, via the issuance of US$800mil (RM3.29bil) 10-year trust certificates and also, US$500mil 30-year trust certificates.

In a statement, the Finance Ministry (MoF) said investors’ confidence was clearly reflected in the offering being oversubscribed by 6.4 times.

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