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| Malaysia launched its first exchange-traded bonds and Sukuk (ETBS) on Tuesday which will be the first infrastructure bond issuance to be opened to the public. |
KUALA LUMPUR: Malaysia launched its first exchange traded bonds and
Sukuk (ETBS) on Tuesday which will be the first infrastructure bond
issuance to be opened to the public.
Prime Minister Datuk Seri Najib Tun Razak, who launched the ETBS issuance, said the retail offering would enable the citizens to have a stake in the country's success.
Danainfra Nasional Bhd is allocating RM300mil under this issuance, the initial tranche of the RM1.5bil for funding the first phase of the MRT Kajang to Sungai Buloh line.
"Today the first tranche is open to retail investors under the new scheme will be issued. And I am pleased to say the funds raised will support the KL MRT project," Najib said in his speech.
Danainfra is tasked with facilitating the funding of large infrastructure projects by the government. The facilitation of this ETBS for the MRT is its first.
(Source: The Star Online)
Prime Minister Datuk Seri Najib Tun Razak, who launched the ETBS issuance, said the retail offering would enable the citizens to have a stake in the country's success.
Danainfra Nasional Bhd is allocating RM300mil under this issuance, the initial tranche of the RM1.5bil for funding the first phase of the MRT Kajang to Sungai Buloh line.
"Today the first tranche is open to retail investors under the new scheme will be issued. And I am pleased to say the funds raised will support the KL MRT project," Najib said in his speech.
Danainfra is tasked with facilitating the funding of large infrastructure projects by the government. The facilitation of this ETBS for the MRT is its first.
(Source: The Star Online)
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