The Ministry of Finance, in a statement, said, the 30-year tranche was the governments inaugural sukuk issuance which is the longest tenured sukuk ever by a sovereign.
The deal was priced at the tighter end of the revised price guidance reflecting investors confidence, strong external position, monetary flexibility, fiscal sustainability, as well as, diversified and competitive Malaysian economy.
The sukuk are expected to be assigned ratings of A- by Standard and Poors Ratings Services and A3 by Moodys Investors Services Limited.
Alfalah Consulting - Kuala Lumpur: www.alfalahconsulting.com
Islamic Investment Malaysia: www.islamic-invest-malaysia.com