Malaysia launches dollar Islamic bond for infra and government projects, term sheet shows

Indian government bonds fell for a third straight session on Thursday, pressured by rising crude oil prices nearing $100 a barrel amid escalating Middle East tensions and higher US Treasury yields. The combination raises concerns over a wider import bill and the return of inflationary pressures for India, which is heavily dependent on crude oil imports. Separately, Malaysia launched a dual-tranche US dollar sukuk with 5-3/4-year and 10-year maturities to fund government and infrastructure projects.