The Malaysian government’s investment holding arm Khazanah Nasional Bhd., which is looking to issue as much as $78.3 million in yuan-denominated Islamic trust certificates, or sukuk, postpone the pricing of the bond due to volatile market conditions.
The news came as yields on long-dated Japanese government bonds fell to multi-month lows in Tokyo, weighed down by similar falls in Treasury yields after the Federal Reserve’s policy-setting Open Market Committee announced the previous day it will increase its share of longer-dated Treasurys by $400 billion by June 2012.
via Malaysia’s Khazanah Delays Yuan Sukuk – WSJ.com.
