Islamic Finance 

Malaysia government sells 2.5 bln ringgit sukuk at 4.467 pct profit rate

| 14 March, 2019

The Malaysian government has sold 2.5 billion ringgit in sukuk murabahah at a profit rate of 4.467 percent, the central bank said on Thursday.

The sukuk will mature on Sep 15, 2039. 

222 bids amounting to 6.895 billion ringgit resulted in a bid-to-cover ratio of 2.758 times.

Details of the tender results can be found on the Bank Negara Malaysia website here

© 2019 All Rights Reserved