Thursday, October 26, 2006

JBIC sukuk, Malaysian bond issues

"Japan Bank for International Cooperation preparing to issue Islamic bonds in Malaysia", International Herald Tribune, October 26, 2006

In late August and early September 2006, news sources were reporting that the Japan Bank for International Cooperation was planning a sukuk issue around the beginning of the year. Today's story confirms these reports and also announces that the sukuk will be issued annually on the Malaysian market denominated in Ringgit. The estimated size of next years issue is between $200 and 300 million (RM736 to 1,100 million).

"Pending Islamic bond sales in Malaysia", Business Times (Malaysia), October 26, 2006

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