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Saturday, May 25, 2024

Launch Partners

Malaysia to debut first ringgit-denominated sustainability Sukuk this week; looking to raise RM4.5 billion (US$972.85 million) through a 15.5-year paper

MALAYSIA: The Malaysian government is slated to issue its first ringgit-denominated sustainability Sukuk on the 30th September 2022. The tender for the RM4.5 billion (US$972.85 million) government investment issue will close on the 29th September 2022, according to an official filing. The 15.5-year Sukuk offering follows Malaysia’s first sovereign US dollar sustainability Sukuk issued in April 2021.

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