Features
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MITB are issued by BNM on behalf of the Government to raise short-term funds for the financing of Government expenditure; |
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The instruments are issued using Islamic principles which are deemed acceptable to Shariah requirement; |
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MITB are issued and traded based on a discounted basis; |
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The tenors issued are between 21 days to 1 year; |
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Zero credit risk is assigned as it is issued by Bank Negara Malaysia. |
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