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Malaysia’s Khazanah sets final pricing for sukuk-source
The 10-yr sukuk is priced at 120 basis points above the Singapore swap offered rate.
August 3, 2010 12:59 by Reuters
Final pricing for Malaysian state investor Khazanah Nasional’s 5-yr sukuk has been set at 90 basis points above Singapore’s swap offered rate, a source with knowledge of the deal said on Tuesday.
The 10-yr sukuk is priced at 120 basis points above the Singapore swap offered rate, the source said.
Sources with knowledge of the deal had told Reuters earlier on Tuesday that Khazanah plans to sell S$1.5 billion ($1.1 billion) sukuk in five and 10-year maturities.