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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.
PETALING JAYA: Tropicana Corp Bhd has issued sukuk wakalah of RM183mil in nominal value out of its RM1.5bil sukuk wakalah programme.
JAKARTA: Malaysian corporate dollar bonds are the worst performers in South-East Asia this year, but are clawing back some ground as economic growth looks set to outpace the country’s neighbours.