RHB Bank resumes market making activities for three Danainfra ETBS retail bonds

TheEdge Wed, Mar 17, 2021 04:11pm - 8 months View Original


KUALA LUMPUR (March 17): Bursa Malaysia Bhd said RHB Bank Bhd has resumed its market making activities for three Danainfra exchange-traded bonds/sukuk (ETBS), after the bank was unable to provide quotes since Monday, due to system issues.

The three retail bonds were specified as 0400GA-DIN040000223, 0400GB-DIN045801028, and 0400GC-DIN042300721.

According to Minister of Finance Inc (MOF Inc)-owned DanaInfra Nasional Bhd's website, the ETBS issued by DanaInfra are guaranteed by the government of Malaysia.

DanaInfra's establishment was pursuant to the Economic Council's decision on June 14, 2010 after an in-depth consideration for the need to have an infrastructure financing entity to advise on and undertake funding of the proposed Mass Rapid Transit (MRT) project.

"Consequently, DanaInfra was established on March 3, 2011 as a company wholly-owned by MOF Inc, with the main objective to undertake funding for infrastructure projects mandated by the government," DanaInfra said.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 6.380
DIN040000223 102.200
DIN045801028 104.500
RHBBANK 5.230

Comments

Login to comment.