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Business & Finance

Malaysia sells 4bn rgt sukuk at avg 3.710pc

KUALA LUMPUR : Malaysia has sold 4 billion ringgit ($1.3 billion) in Islamic government bonds maturing in 2016 at an a
Published Updated

malaysiaKUALA LUMPUR: Malaysia has sold 4 billion ringgit ($1.3 billion) in Islamic government bonds maturing in 2016 at an average yield of 3.710 percent, the central bank said on Monday.

The bid-to-cover ratio was 1.91.

 

Copyright Reuters, 2011

 

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