Malaysia may sell global sukuk bonds worth $2 billion, said Mukhtar Hussain, CEO of HSBC Bank Malaysia, Financial News reports. The bonds are expected to be sold in mid-June.
HSBC, Citi, CIMB and Maybank will lead the issue on behalf of the Malaysian government. In June 2010, Malaysia raised $1.25 billion through a dollar-denominated, five-year global Islamic bond issue.
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