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Malaysia Islamic Treasury Bills (MITB)
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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;
The instruments are issued using Islamic principles which are deemed acceptable to Shariah requirement;
MITB are issued and traded based on a discounted basis;
The tenors issued are between 21 days to 1 year;
Zero credit risk is assigned as it is issued by Bank Negara Malaysia.

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