The Malaysian Central Bank successfully auctioned MYR1.5 Billion of Murabahah based Investments achieving 175 orders totalling MYR 3.66 Billion. A profit rate of 4.786% was achieved for the 20 years tenor issuance which matures in 2035. »
The Bloomberg Malaysia Sukuk Ex-MYR Total Return (BMSXMTR) index rebound another 0.20% to 102.4. »
Qatar Islamic Bank priced a highly successful USD 750 million 5-year RegS only Sukuk offering. The Sukuk was issued at par with a profit rate of 2.754%, representing a spread of 135bps over 5-year mid-swaps. »
Maybank and CIMB expect issuance of Islamic bonds to gather pace before the Federal Reserve likely raises interest rates. Bloomberg TV Malaysia's Sophie Kamaruddin and Han Tan also review the government's latest auction of Shariah-compliant debt. »
Qatar Islamic Bank (QIB) , has mandated Barwa Bank, Citi, HSBC, Noor Bank, QInvest and Standard Chartered Bank as Joint Lead Managers to arrange a series of fixed income investor meetings in Asia, Middle East and Europe commencing on 16 October 2015. A benchmark USD Regulation S Senior Sukuk offering under the existing QIB Sukuk Ltd U.S.$1,500,000,000 Trust Certificate Issuance Programme may follo... »
There appeared to be an inclination towards safe haven sovereign credits, with names such as IDB Trust Services 19 (Aaa;Sta/NR/AAA), Saudi Electricity Global Sukuk Co 24 (A-;Sta/AA-/AA-) and Hong Kong Sukuk 2014 Ltd 19-20 (Aa1/AAA/NR)(+USD40.68m in market capitalization). »
Islamic bond issuance in Malaysia over the last three months marked its slowest quarter since 2010. Bloomberg TV Malaysia's Sophie Kamaruddin and Han Tan look at the factors that could mark a turnaround by year-end in the world's largest sukuk market. »
August was a challenging month for both GCC equity and fixed income markets as growing concern over slower economic growth in China, lower for longer oil prices, uncertainty surrounding the timing of a US interest rate rise and thin market conditions, resulted in a sharp spike in market volatility. »
Bloomberg TV Malaysia: Tenaga unit Jimah Power East is seeking investors for its 10 billion ringgit sukuk offering, which would make it the country's third biggest Islamic bond. Here's a look at Malaysia's biggest issuers by value so far this year. »
Bloomberg TV Malaysia: Bloomberg TV Malaysia's Jacalyn Kow explains what investors can expect of the planned 10 billion ringgit sukuk sale by Tenaga unit Jimah Power East. It would be the country's third biggest Islamic bond. »