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Listed
Sukuk
Manafae

Malaysia USD 850m Global Sukuk 2032

Government of Malaysia · Malaysia

5.75-year tranche of Malaysia's 2026 global sukuk, 4.7x oversubscribed and priced at the tightest ever spread for the sovereign.

Key terms

Issuer profile
Government of Malaysia
ISIN
XS2884210111
Structure
Manafae
Issue size
$850M
Ccy
USD
Minimum investment
$200,000
Payment frequency
semi-annual
Listing venue
Labuan International Financial Exchange
Governing law
English law

Pricing

Profit rate
4.05% (fixed)
Indicative price
97.72
Yield to maturity
4.523%
Spread
15 bps
Ratings
A3 / A- / BBB+

Key dates

Issue date
30 Jul 2026
Maturity date
30 Apr 2032
Tenor
5.8 years

Shariah information

Shariah advisor
AAOIFI-aligned Shariah advisers
AAOIFI aligned
Underlying asset
Rights to services within Malaysia's urban public rail transportation network
Use of proceeds
General federal government purposes