Malaysia’s gross corporate bond issuance is expected to decline to between RM70bil and RM90bil this year after a bumper year with a record RM124.6bil bonds issued last year, Malaysian Rating Corp Bhd (MARC) said.
In its latest report, MARC said the issuance this year was mainly due to the implementation of projects under the Economic Transformation Programme (ETP) as the major catalyst. “A large amount of the financing for the ETP is likely to come in via unrated government-guaranteed (GG) notes………………………………………..Full Article: Source