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KUALA LUMPUR: Malaysia's sustainability sukuk issuance which was oversubscribed by 6.4 times recently proved that the country is on the right track in managing its economy towards a more sustainable and stable growth, said Prime Minister Tan Sri Muhyiddin Yassin.
FROM Hamidah Sharif, , Bukit Antarabangsa, Ampang.
KUALA LUMPUR: There was overwhelming interest for Malaysia's US$800mil 10-year and US$500mil 30-year sovereign US dollar sustainability sukuk, which was oversubscribed by 6.4 times, said the Finance Ministry (MoF) in a statement today.
KUALA LUMPUR: Malaysia started marketing its first-ever sustainability sukuk, adding to a growing number of countries turning to debt financing for environmental projects.
KUALA LUMPUR: Moody’s Investors Service has assigned a senior unsecured rating of A3 to the proposed US dollar-denominated trust certificates (sukuk) with maturities of 10 and 30 years, that would be issued by Malaysia Wakala Sukuk Bhd.The latter is a special purpose vehicle established by the government of Malaysia.