KUALA LUMPUR, April 30 HSBC acted as the joint lead manager and joint bookrunner on the Malaysian government’s US$800 million (RM3.2 billion) 10-year Sustainability Sukuk the world’s first sovereign US dollar sustainability sukuk and US$500 million 30-year Sukuk, HSBC Malaysia said..
Ringgit extends gains to close higher against US dollar 26 Apr 2021 / 18:55 H.
KUALA
LUMPUR: The ringgit further improved as the US dollar continues to depreciate today amid uncertainties of the United States (US) economic growth, said an analyst.
At 6 pm, the local unit rose 120 basis points (bps) to close at 4.0960/1000 against the US dollar from last Friday’s close of 4.1080/1130.
The analyst said the ringgit has also strengthened following Malaysia’s recent issuance of the world’s first sovereign US Dollar Sustainability Sukuk on April 22.
The Malaysian government has successfully priced the sukuk, via the issuance of US$800 million 10-year trust certificates and also issued US$500 million 30-year trust certificates with the allocation well spread globally from Asia to the US.
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24 Apr 2021 / 09:55 H. -Bernama
KUALA LUMPUR: Malaysia’s sustainability sukuk issuance which was oversubscribed by 6.4 times recently proved that the country is on the right track in managing its economy towards a more sustainable and stable growth, said Prime Minister Tan Sri Muhyiddin Yassin. (
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“This reflects the confidence of investors in the country and market on the recovery and Malaysia’s economic growth prospects even though the government is facing tough challenges due to the Covid-19 pandemic over the last one year,” he said.
Last Thursday, the government successfully priced the world’s first sovereign US dollar Sustainability Sukuk via the issuance of US$800 million 10-year trust certificates and US$500 million 30-year trust certificates for comprehensive distribution stretching from Asia to the United States.
KUALA LUMPUR: Malaysia's sustainability sukuk issuance which was oversubscribed by 6.4 times recently proved that the country is on the right track in managing its economy towards a more sustainable and stable growth, said Prime Minister Tan Sri Muhyiddin Yassin.