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Aug 07 2012

Malaysia Sells MYR3.50 Bln Feb 2016 Govt Investment Issues at Average Yield of 3.235%

Tuesday, Aug 07, 2012

   By Jason Ng 

KUALA LUMPUR--Malaysia sold 3.50 billion ringgit ($1.12 billion) worth of Government Investment Issues maturing February 2016 at an average yield of 3.235%, the central bank said on its website Tuesday.

The Islamic bond, or sukuk, attracted a bid-to-cover ratio of 1.92 within market expectation of between 1.5 and 2.0. The paper will be issued Wednesday, Bank Negara Malaysia said.

Write To Jason Ng at jason.ng@dowjones.com

(END) Dow Jones Newswires

07-08-12 0606GMT


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