Saturday April 18, 2009
Savings bond increased by another RM2.5bil
KUALA LUMPUR: The Finance Ministry has increased the amount of Sukuk Simpanan Rakyat because of the overwhelming public response.
The ministry added another RM2.5bil to the savings bond using the allocation of the second batch.
The first batch of the RM2.5bil Islamic bond was fully subscribed two days after it was opened for sale on Tuesday.
The bond is part of the Government’s RM60bil stimulus package providing a return of 5% per year, double the current fixed deposit rates. It is opened for Malaysians aged 21 and above.
The bonds – with a minimum allocation of RM1,000 and maximum RM50,000 – has a maturity period of three years but account holders can withdraw their money at any time.
Applications can be made at any commercial banks in the country, on a first-come-first-served basis, until May 13.
For details, call Bank Negara at 1300-88-5465 or visit www.treasury.gov.my and www.bnm.gov.my/sukuksimpanan.
News Poll
- Teacher held for oral sex on Year Two girl
- Lau sought psychiatrist’s help after death of fan’s dad
- Police shoot dead leader of ‘Berong Gang’
- Australian court sentences Malaysian who posed as taxi driver
- Prime Minister comes up with plan to end crisis in MCA
- Teoh Beng Hock exhumed for second autopsy (Update)
- Fresh polls in six to eight months if new mechanism used
- Settle RM57, 5As pupil told High scorer can’t collect result slip
- Eli’s ex still being sought by cops
- Foreign woman falls to death at high-end condo
- Australian court sentences Malaysian who posed as taxi driver
- Teacher held for oral sex on Year Two girl
- 10 states see increase in number of dengue cases
- AirAsia launches new flights to three Indian cities
- Lau sought psychiatrist’s help after death of fan’s dad
- Prime Minister comes up with plan to end crisis in MCA
- Take care of yourself first
- Police shoot dead leader of ‘Berong Gang’
- Indonesia seizes 75tons of explosive material from M’sia
- Teoh Beng Hock exhumed for second autopsy (Update)
RSS
