SUBSCRIBERS

Oil-squeezed Malaysia seen selling sukuk as US$1.2b debt matures

Published Thu, Dec 17, 2015 · 09:50 PM

Kuala Lumpur

MALAYSIA will face pressure to sell global sukuk next year as US$1.2 billion of Islamic debt matures in July and plunging oil prices erode fiscal revenue and currency reserves.

RHB Investment Bank Bhd and Union Investment Privatfonds GmbH see demand for a new Islamic bond holding up because of a scarcity of dollar sukuk and longer-term prospects for Malaysia's finances.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal

International

International

Oil-squeezed Malaysia seen selling sukuk as US$1.2b debt matures

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

HSBC wins £1.3 billion suit over Disney film finance scandal

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT