Malaysia has raised $2 billion through a two-part sale of global sukuk bonds, Reuters reports. The first tranche of $1.2 billion notes, which carry a coupon rate of 2.99%, will mature in five years.

The second tranche of $800 million notes, which carry a coupon rate of 4.64%, will be due in 2022. Citi, HSBC, CIMB and Malayan Banking were the joint book-running managers for the sale.

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