Thursday 28 Mar 2024
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KUALA LUMPUR (Feb 21): Perbadanan Tabung Pendidikan Tinggi Nasional, or PTPTN as the state-owned education fund is known, sold government-guaranteed Islamic bonds in multiple tenors, according to people familiar with the matter, asking not to be identified as they aren’t authorized to speak publicly.

* Issuer sold RM700m 10-year sukuk to yield 4.27%

* RM1.6b 15-year Shariah-compliant debt at 4.58%

* RM700m 20-year debt at 4.8%

* Joint lead managers: Bank Islam and Maybank

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