Malaysia studying another offer of ‘cheap’ Samurai bonds

Published on 26 Aug 2019 2:25:02 PM

Prime Minister Tun Dr Mahathir Mohamad on Monday said Malaysia was studying another offer of ‘cheap’ Samurai bonds from Japan to overcome the country’s financial problems.

It was reported in March that Malaysia is willing to consider issuing another Samurai bond if it can obtain rates similar to the 0.63% per annum achieved in the earlier issuance of the 200bil yen (RM8bil).

Dr Mahathir also reiterated his stance that trade wars are “stupid” when asked to comment on the escalating trade war between China and the US.