This section allows cross-market comparisons.
Glossary Definition
Merdeka Savings Bonds (BSM) (malaysia)

Bonds issued by Bank Negara Malaysia for retirees, with a slightly higher return than the market rate and carrying a tax exemption. A unique feature is that the bonds are based on the Islamic banking concept of [italics]Bai' Al-Inah[/italics] (sell-and-bu