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| Bank Negara Negotiable Notes-i |
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• A short-term instrument issued by the Central Bank. • Structured based on the concept of Bai Al-Inah and can be traded in the Islamic Money Market (IMM) secondary market based on the concept of Bai Al-Dayn. • A monetary policy instrument. • Traded on a discounted basis and payable at face value on maturity. • Tenure up to 6 months. • High liquidity in secondary market. • No credit risk.
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