Monday, August 26, 2019

Malaysia mulls securing 'cheap' Samurai bond again



Six months after Malaysia secured a 200 billion yen (RM7.3 billion) Samurai bond, Prime Minister Dr Mahathir Mohamad confirmed that Putrajaya is considering obtaining the "cheap" bond for a second time.
"Yes," he told a press conference in Kuala Lumpur today when asked to confirm a report that Malaysia is mulling obtaining the Japanese bond.
"Japan is making available very cheap loans, below 0.65 (percent) previously. Now it will be even lower.
"So, we are studying how we can use this cheap money to overcome our financial problems," he said.

[More to follow] - Mkini

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