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| Quick Facts BSM 2009
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Bank Negara Malaysia will issue Bon Simpanan Merdeka 01/2009 amounting to RM1 billion on 18 March 2009. This is the first issue of the two series of 3-year RM1 billion bond each in 2009.
The bond, which will be scripless and based on Shariah principles, is an additional savings instrument for Malaysian citizens who are 56 years and above. The bond would also be offered to Malaysian citizens who are retired on medical grounds regardless of age.
Those wishing to subscribe may apply for Bon Simpanan Merdeka 01/2009 during the sales period, commencing from 18 February to 17 March 2008. The bond, which has a 3-year tenure, offers a return of 5% per annum and provides flexibility for early redemption before the maturity date.
The minimum investment in Bon Simpanan Merdeka 01/2009 is RM1,000 with a maximum of RM50,000 per investor. This limit applies to aggregate holdings per investor for the two series of Bon Simpanan Merdeka issued in 2009. Bon Simpanan Merdeka 01/2009 can be subscribed at all commercial banks, including Islamic banks, Bank Kerjasama Rakyat Malaysia Berhad, Bank Simpanan Nasional and Agrobank.
The allocation of Bon Simpanan Merdeka 01/2009 is based on first come first serve basis. Successful applicants will be notified by their agent banks. Profit payments will be made on a monthly basis through the bondholders' accounts with their agent banks.
See Also:
Key Features of Bon Simpanan Merdeka 2009
List of Agent Banks
Frequently Asked Questions
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