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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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Bank Negara Malaysia (BNM) and the (SC) signed a new Memorandum of Understanding (MOU) on 30 October 2012. This MOU builds on and further strengthens the MOUs signed by BNM and the SC in 2002 and 2007 respectively. It takes into account the changing financial landscape and the new international regulatory regime.
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The ( SC ) will be organising a public lecture by prominent Islamic banker Iqbal Khan, recipient of the prestigious Royal Award for Islamic Finance 2012 (The Royal Award).
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The ( SC ) today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).