With RM3.0 billion allocated for investors nationwide, there’s still about RM600 million to go.
Read more about how the Sukuk 1Malaysia works on Bank Negara’s website.
Issuance of Sukuk 1Malaysia 2010
Ministry of Finance wishes to announce the issuance of Sukuk 1Malaysia 2010 on 21 June 2010. Sukuk 1Malaysia 2010 amounted to RM2.4 billion was allocated to 74,781 investors. Successful investors will be notified by their agent banks.
Sukuk 1Malaysia 2010 which is scripless and based on Shariah principles, is an additional investment instrument for Malaysian citizens who are 21 years and above. The sukuk, which has a 3-year tenure, offers a return of 5% per annum. Sukuk 1Malaysia 2010 has a resaleable feature which provides the flexibility for investors to sell and purchase the sukuk before the maturity date.
Beginning 22 June 2010, investors can sell and purchase the sukuk at agent banks. The purchase of sukuk is based on a first-come first-served basis, with no maximum limit, subject to the availability of the sukuk sold by existing sukukholders. The selling and buying prices are calculated based on principal at par plus accrued profit. Members of the public can obtain information on the availability of Sukuk 1Malaysia 2010 and the daily prices through the Bon Info Hub website by visiting www.bondinfo.bnm.gov.my or checking with their agent banks. For each investor, the minimum sale/purchase is RM100 and in multiples of RM100. An administrative cost of 0.1% of the nominal purchase value is payable to the agent banks.
For further information on Sukuk 1Malaysia 2010, please contact BNMTELELINK at 1-300-88-5465 or by visiting www.treasury.gov.my and www.bnm.gov.my/sukuk1Malaysia
Ministry of Finance, Malaysia
23 June 2010
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