Bank Rakyat issues RM1bil senior sukuk wakalah

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KUALA LUMPUR: Bank Rakyat has successfully issued a RM1 billion Islamic medium-term notes (IMTN) sukuk wakalah via special purpose vehicle (SPV) Imtiaz Sukuk II Bhd.

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Bank Rakyat said in a statement that the issuance was made in two tranches, comprising RM120 million for a five-year tranche and RM880 million for a seven-year tranche.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Banking Islamic medium term notes Sukuk Wakalah Senior Bank Rakyat /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 17:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 189 words

Reading Time: 2 minutes read

Sentences: 8 lines

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Copyright Owner: © The Star

News ID: 28510683

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