Government Investment Issue (GII) under Murabahah contract. GII benchmarks consist of 3, 5, 7, 10, 15 and 20 years. Other tenors are also available but are considered as off the run.
The primary issuances will continue to be conducted through competitive auction via the Principal Dealer network.
A certificate of indebtedness arising from a deferred cost plus profit sale transaction of an asset, such as commodity (mainly crude palm oil), which complies with Shariah principles.
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