ASIFIN 5.250% 19Dec2031 Corp (MYR)

Sukuk Factsheet

Sukuk

MBSB Bank Berhad

Indicative

Full Lot

Bid Price

100.141

Change in Bid Price

remove 0.010

Bid Yield (%)

4.486 %

Change in Bid Yield

0.038

Ask Price

100.649

Change in Ask Price

remove 0.010

Ask Yield (%)

2.038 %

Change in Ask Yield

0.006

Indicative price as of 05 Oct 2026, 3:52pm

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Sukuk Information

MBSB Bank Berhad provides banking services. The Bank offers saving and current accounts, payments, cards, finance, retirement, insurance, and asset management services. MBSB Bank serves customers in Malaysia.

Sukuk Issuer

MBSB Bank Berhad

Guarantor

Announcement Date

11 Dec 2019

Issue Date

20 Dec 2019

Maturity Date

19 Dec 2031

Years to Maturity / Next Call

5.206 / 0.209

Modified Duration

4.436 @ 05 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.250

Distribution Type

Fixed

Annual Distribution Rate

5.250

Distribution Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

ISIN

MYBVP1902958

CUSIP

ZP1543385

Sukuk Currency

MYR

Total Issue Size

650,000,000

Min. Investment Quantity (Nominal)

MYR 1,000

Incremental Quantity (Nominal)

MYR 1,000

Sukuk Type

High Yield Corporate

Sukuk Sector

Financials

Sukuk Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch/ MARC/ RAM)

***/ N.R/ A+/ W.R

Sukuk Credit Rating (S&P/ Fitch/ MARC/ RAM)

***/ N.R/ A-/ N.R

Shariah Compliant

Yes

Islamic Principle

Sukuk Al Wakala Bel Istithmar

Exchange Listed

Sukuk Feature(s)

Loss Absorption

Tier 2

If a Non-Viability Event occurs, the Issuer shall irrevocably, without the need for the consent of the Sukuk Trustee or the Subordinated Sukukholders, write-off the Subordinated Sukuk Wakalah (in whole or in part) if so required by BNM and/or Malaysia Deposit Insurance Corporation ("PIDM") at their full discretion.

(i) the write-off shall reduce:

(a) the claim of the Subordinated Sukuk Wakalah in liquidation. The Subordinated Sukukholders will be automatically deemed to irrevocably waive their right to receive, and no longer have any rights against the Issuer with respect to, any payment of the aggregate nominal value of the Subordinated Sukuk Wakalah written off;

(b) the amount paid when a call option is exercised; and

(c) Periodic Distribution of the Subordinated Sukuk Wakalah; and

(ii) the write-off shall be permanent and the full or part (as the case may be) of the nominal value of the Subordinated Sukuk Wakalah will automatically be written-off and the whole or part (as the case may be) of the Subordinated Sukuk Wakalah will be cancelled.

Such write-off shall not constitute a Dissolution Event, nor would it trigger a cross default under any other outstanding Subordinated Sukuk Wakalah.

A Non-Viability Event shall be deemed to have occurred on the day on which the Issuer received the notification from the Relevant Malaysia Authority (as defined below) or on the day the public announcement is made, as the case may be.

"Non-Viability Event" means the earlier of the following:

(i) BNM, jointly with PIDM, so long as the Issuer is a Member Institution (as defined in the Malaysia Deposit Insurance Corporation Act 2011), or BNM, if the Issuer is no longer a Member Institution ("Relevant Malaysian Authority") notifying the Issuer in writing that the Relevant Malaysian Authority is of the opinion that a write-off or conversion into ordinary shares is necessary, without which the Issuer would cease to be viable; or

(ii) the Relevant Malaysian Authority publicly announces that a decision has been made by BNM, PIDM or any other federal or state government in Malaysia, to provide a capital injection or equivalent support to the Issuer, without which the Issuer would cease to be viable.

Issuer Call

Each tranche of the Subordinated Sukuk Wakalah issued may have a call option (to be determined prior to the relevant issue date) ("Call Option") to allow the Issuer, at its option, to redeem that tranche of the Subordinated Sukuk Wakalah (in whole or in part) on the Call Date (as defined below) at the Dissolution Distribution Amount subject to the Redemption Conditions (as defined in the section entitled "Provisions on early redemption, if applicable") being satisfied (if applicable for the relevant tranche).

"Call Date" means any Periodic Distribution Date on or after the fifth (5th) anniversary of the issue date of that tranche of Subordinated Sukuk Wakalah, on or after the First Call Date (as defined below).

"First Call Date" shall refer to the first Periodic Distribution Date where such date shall be determined prior to issuance and must fall on or after the fifth (5th) anniversary of the issue date of that tranche of Subordinated Sukuk Wakalah.

First Call Date: 21 Dec 2026

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Distribution Dates	Distribution	Principal Amount	Cash Flow

No Data