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Malaysia Said to Plan US Dollar Sovereign Islamic Bond Sale

29/06/2011 05:23:10 AM GMT   Comments ()     Add a comment   Print     E-mail to friend

June 22 (Bloomberg) -- The government of Malaysia hired CIMB Group Holdings Bhd., Citigroup Inc., HSBC Holdings Plc and Malayan Banking Bhd. to help it with a planned sale of U.S. dollar denominated Islamic notes, according to a person familiar with the matter.

The sovereign sukuk may be sold, subject to market conditions, after meetings with investors in Asia, Europe, the Middle East and the U.S. which start on June 23, the person said, asking not to be identified as details are private. Malaysia is rated A3 by Moody’s Investors Service. Wire External Story - Read full article here is not responsible for the content of external internet sites

Source: AJP

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