Khazanah Bonds

Khazanah Nasional (Khazanah) is a frequent issuer in the Malaysian and global capital markets.
Sukuk and bond issuances help us diversify our sources of funding and optimise our capital structure.

MYR Facilities

All the Islamic Medium-Term Notes (“IMTN”) issued by Special Purpose Vehicles (SPVs) are irrevocably and unconditionally
guaranteed by the Khazanah. RAM Ratings has reaffirmed the AAA rating of the sukuk issues of these financing conduits with a
stable outlook in December 2020.

Issuer Facility Facility Size Shariah Principle
Danga Capital Berhad Islamic Securities Programme RM10b Musyarakah
Danum Capital Berhad Islamic MTN Sukuk Danum Programme RM10b Wakalah
Rantau Abang Capital Berhad Islamic MTN Sukuk Musyarakah Programme RM7b Musyarakah
Ihsan Sukuk Berhad1 Islamic MTN Sukuk Ihsan Programme RM1b Wakalah

1Ihsan Sukuk was the first programme approved under the Securities Commission Malaysia’s Sustainable and Responsible Investment Sukuk (“SRI”) framework. Proceeds were utilised to fund schools under Yayasan AMIR’s (“YA”) Trust School Programme. YA is a not-for-profit foundation incorporated by Khazanah to improve accessibility of quality education in Malaysian Government schools through a Public-Private Partnership with the Ministry of Education.

Foreign Currency Facilities

Since 2004, Khazanah continues to issue exchangeable sukuk/bonds as well as plain vanilla sukuk/bonds to meet its USD funding requirements.

Issuer Size Reference Securities
Cerah Capital Ltd USD500m CIMB Group Holdings Bhd
Cindai Capital Ltd USD320.8m CITIC Securities Co Ltd (H-shares)

The
Khazanah Report

Full
Financial Statements

Khazanah
Annual Review