Malaysia Sovereign Sukuk Bhd
The longest tenured sukuk ever by a sovereign. The deal was oversubscribed, attracting an aggregate interest of over US$9 billion (RM32.8 billion) from a combined investor base of over 450 accounts. Allocated to investors in the Middle-East (two per cent), Asia (50 per cent), Europe (19 per cent) and the United States (29 per cent). The structure utilising Shariah-compliant commodities, leasable assets and non-physical income-generating assets (in the form of rights to participate in the provision of services), a world first for a sovereign sukuk.