Malaysia's US$1.5bil global sukuk 4.7 times oversubscribed, record-low spread

Finance Minister II Datuk Seri Amir Hamzah Azizan. — Bernama

PUTRAJAYA: Strong investor demand drove a 4.7 times oversubscription for Malaysia's US$1.5 billion Global Sukuk issuance, which was priced at a record-low spread, the Ministry of Finance (MOF) said.

The issuance comprised a US$850 million 5.75-year tranche and a US$650 million 10-year tranche.