
The Federal Land Development Authority (Felda) was established in 1956 and is based in Malaysia, primarily aimed at the development and management of land for agriculture and related activities. Felda plays a crucial role in the development of the palm oil sector and offers diverse services, including land development, agricultural training, and unemployment prevention programs for rural communities.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
FEDLAN 3.04% 2026-03-24 MYRFederal Land Development Authority | Malaysia | 2026-03-24 | 3.040 | 2.97 |
FEDLAN 3.50% 2028-03-24 MYRFederal Land Development Authority | Malaysia | 2028-03-24 | 3.500 | 3.14 |
FEDLAN 4.50% 2036-03-24 MYRFederal Land Development Authority | Malaysia | 2036-03-24 | 4.500 | 3.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Felda has been active in bond issuances since 2001, notably participating in programs to finance its agricultural projects and infrastructure development. A significant issuance occurred in 2012, with a RM1 billion Sukuk offering aimed at enhancing its operational capacity, which has maintained competitive yields when compared to industry averages. With a strong commitment to sustainable agriculture, Felda's bonds often feature unique structures, such as green sukuk, allowing investors to support environmentally responsible initiatives while enjoying consistent returns.