Malaysia's sovereign US dollar sustainability sukuk oversubscribed 6.4 times

Both tranches have been assigned a rating of A3 by Moody's Investors Service and A- by S&P Global Ratings.

"More importantly, this demonstrates the market’s confidence in Malaysia’s economic recovery and growth prospects, despite a challenging past year due to the COVID-19 pandemic," said the MoF Acccording to the MoF, the issuance sets a new benchmark and showcases Malaysia’s global leadership in Islamic finance, reinforcing the country’s position as the world’s largest sukuk market.

Overwhelming is only part of the story. Please tell the other part - What is the coupon rate offered by you tzafrul_aziz Overwhelming too right

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Malaysia issues US$800m US dollar sustainability sukuk, world's first by a sovereign | Malay MailKUALA LUMPUR, April 22 — Malaysia has issued US$800 million (RM3.3 billion) 10-year trust certificates, world's first sovereign US dollar sustainability sukuk, the Finance Ministry said on Thursday. In addition, the South-east Asian nation also issued US$500 million 30-year trust certificates,... Oh dear.
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