Malaysia's Sovereign USD10 million, 10 year Sustainable Sukuk

Excerpt:

"The strong demand has also resulted in the lowest ever yield and spread for a US-dollar sukuk issuance by Malaysia, with the 10-year and 30-year Trust Certificates priced at 2.070 per cent (T + 50 basis points) and 3.075 per cent (T + 80 basis points) respectively," the MoF (Ministry of Finance) said today. 

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The MoF said the sukuk was also unique as its underlying assets were sustainable assets, being vouchers representing travel entitlement on Malaysia's Light Rail Transit, Mass Rapid Transit and KL Monorail networks."

https://www.nst.com.my/business/2021/04/684297/overwhelming-response-malaysias-world-first-sovereign-dollar-sustainability

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