Savings bond

I read the other day about this soon-to-be issued (but don't know how soon lah) government syariah compliance savings bond
tenure : 3 years
interest : 5% p.a paid quarterly
min investment amount : RM1,000
max investment amount : RM50,000
open to malaysian's above age 21

looking at the FD rates now 2.5% p.a (12 mths) and a mere 2% for 1 - 11 months, I think this is a good alternative for savings.

if any of you happen to get any news about this issuance, please just drop me a note =) thanks =)