KUALA LUMPUR: Japan has offered a lower rate of less than 0.5 per cent for Malaysia’s potential second tranche of its Samurai bonds. Finance Minister Lim Guan Eng said this was lower than the 0.6 per cent charged on Malaysia’s maiden Samurai bonds issued six months ago. The Ministry of Finance said the issuance marked the largest 10-year single tranche Samurai bonds either in public format or in JBIC-guaranteed format. “We need to examine the condition of the Samurai Bonds. Socio-Economic Research Centre (SERC) executive director Lee Heng Guie said the lower rate will ease the government’s burden in servicing debt charges.

Source: New Strait Times October 11, 2019 14:12 UTC