1.	Who is eligible for the SSR 2009?
	Malaysian citizens who are 21 years old and above

2.	When is the offer period for the SSR 2009?
	The SSR 2009 is offered to the public from 14 April to 13 May 2009.

3.	When is the SSR 2009 application form made available to the public?
	The SSR 2009 application form will be made available to the public before the sales period at branches of the agent banks, and can be downloaded from www.treasury.gov.my and www.bnm.gov.my/sukuksimpanan.

4.	Can agent bank accept application and payment for SSR 2009 from the public before the sales period?
	No. Agent banks can only accept application and payment for SSR 2009 from the public during the sales period commencing from 14 April 2009.

5.	What is the basis of the allocation of the SSR 2009?
	The allocation of SSR 2009 to the applicant is based on a first-come first-served basis and is subject to such terms and conditions specified. The payment for the application of the SSR 2009 during the sales period does not imply that the applicant would be successful in the allocation of the SSR 2009.

6.	What is the frequency of issuance for the SSR in 2009?
	There is only one issuance of the SSR in 2009. Due to overwhelming response, the initial amount of RM2.5 billion for the first series of SSR 2009 was upsized to RM5 billion using the allocation of the second series. Hence there will be no more issuance of the second series.

7.	What is the tenure of the SSR 2009?
	The SSR 2009 will have a maturity of three years.

8.	What will the minimum and maximum amount of subscription be?
	The minimum amount of holding per SSR 2009 holder is RM1,000 per application and in multiples of RM100, e.g. RM1,100, RM1,200, etc. The maximum aggregate holding per SSR 2009 holder is RM50,000.

9.	Why is the maximum holding per SSR 2009 holder fixed at RM50,000 only?
	The maximum holding of RM50,000 per SSR 2009 holder is to allow a wider distribution of the SSR 2009, so that more citizens can benefit from it.

10.	How would the applicant know that the application for the SSR 2009 is successful?
	The applicant may call the agent bank to enquire on the status of the application for SSR 2009. Agent banks will be issuing an initial statement to the successful applicants on the amount of SSR 2009 allotted to them beginning 19 May 2009. Subsequently, the agent banks will also issue quarterly statements on profit payment as well as early redemption statement (if any) on the balance of SSR 2009 held by SSR 2009 holders upon early redemption.

11.	What is the profit for the SSR 2009?
	The profit for the SSR 2009 is 5% per annum. This means the profit is approximately 1.25% (5% divided by 4) of the holding amount at the end of each quarter.

12.	When and how will profit be paid to the SSR 2009 holder?
	Profit will be paid on a quarterly basis. The profit from the SSR 2009 will be credited directly into the SSR 2009 holder’s savings or current account maintained with the agent banks.

13.	Will the returns on SSR 2009 be subject to tax?
	No, returns on the SSR 2009 are exempted from tax.

14.	Can the SSR 2009 holder exercise early and partial redemption of the SSR 2009?
	The SSR 2009 can be redeemed early at the nominal value and including the profit amount due before the maturity date but after the first profit payment. The profit payment will be apportioned based on the number of days the SSR 2009 is held. Minimum redemption amount allowed is RM100. SSR 2009 holder may redeem the SSR 2009 in multiples of RM100. There is no penalty or processing fee charged for early or partial redemption.

15.	When and how can SSR 2009 holder redeem the SSR 2009 at maturity?
	The redemption proceeds (including the last profit payment) will automatically be paid by crediting directly into the SSR 2009 holder's account maintained with the agent bank at maturity (on 14 May 2012). The redemption proceeds above refer to the principal holding amount of SSR 2009, minus partial redemption, if any.

16.	Is the SSR 2009 transferable?
	The SSR 2009 is non-negotiable, non-transferable and non-assignable. In the event of the demise of the SSR 2009 holder, the SSR 2009 held by the deceased SSR 2009 holder shall form part of his estate.

17.	What documentation is required when applying for subscription of the SSR 2009?
	An original or a certified copy of the Identity Card (I.C.).

18.	Where can the SSR 2009 be subscribed?
	The SSR 2009 can be subscribed at all agent banks, i.e. commercial banks, including Islamic banks, Bank Kerjasama Rakyat Malaysia Berhad, Bank Simpanan Nasional and Agrobank.

For further information, please contact Bank Negara Malaysia TELELINK at 1300 88 5465 or visiting www.treasury.gov.my and www.bnm.gov.my/sukuksimpanan.

Last Updated Date : 05 May 2009

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