Fitch Ratings: Malaysia’s debt capital market to remain steady in 2H24 amid govt fiscal consolidation

  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Debt Capital Market Nouvelles

Fitch Ratings,Malaysia Economy

KUALA LUMPUR, Aug 12 — Malaysia’s debt capital market (DCM) issuance for the second half of 2024 (2H2024) is expected to match 1H levels or fall, driven by the government’s...

‘Right people in the right positions’: Hannah Yeoh aims to put former athletes in key sports bodies before term as minister endsFitch Ratings said in a statement today that impetus could come from financial institutions and corporate issuances as they seek to refinance and diversify funding.

DCM issuance in 1H2024 fell by 8.3 per cent y-o-y to US$45.2 billion due to fiscal consolidation, with the deficit in 1H2024 lower than 1H2023, and the government made around 60 per cent of total issues in 1H2024 or US$28 billion, while financial institutions, corporates, project finance, and others held the rest.

The firm rates US$16 billion of Malaysian sukuk, all investment grade, with issuers on a “Stable” outlook.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Fitch affirms Malaysia's debt capital market issuance to stay at current levels in 2H24Our feline friends could help scientists better understand gut microbiomes and how they affect obesity in people.
La source: staronline - 🏆 4. / 75 Lire la suite »

Fitch affirms Malaysia's debt capital market issuance to stay at current levels in 2H24Our feline friends could help scientists better understand gut microbiomes and how they affect obesity in people.
La source: staronline - 🏆 4. / 75 Lire la suite »