Malaysia’s Plan To Raise Cash Via Samurai Bonds Has ‘No Strings Attached’- PM Mahathir

© Nikkei Markets

KUALA LUMPUR (Nov 09) — Malaysia’s plan to raise cheap cash through yen denominated bonds in Japan, popularly known as Samurai Bonds has “no strings attached” to it, Prime Minister Mahathir Mohamad said Friday.

Finance Minister Lim Guan Eng had earlier stated the Japanese government’s offer to guarantee 200 billion yen raised via 10-year Samurai bonds at an indicative coupon rate of 0.65% to be issued through the Japan Bank of International Cooperation before March 2019. 

– By Gan Pei Ling
– Edited By Abhrajit Gangopadhyay

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