- 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.