Malaysia Islamic Treasury Bills (MITB)

 

Features

  • 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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