Asia - Best sovereign borrower

The most common comment used about Malaysia, winner of the Euromoney award for the best sovereign borrower in Asia, is that it does not fund irrationally. Although if it wanted it could tap the market with easy regularity because of the confidence in its name, it refuses to do so. It only borrows wh...

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Bibliographic Details
Published in:Euromoney 2003-06, p.1
Main Author: Cockerill, Chris
Format: Article
Language:English
Subjects:
Awards & honors
Bond issues
Government bonds
Prime ministers
Online Access:Get full text
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Summary:The most common comment used about Malaysia, winner of the Euromoney award for the best sovereign borrower in Asia, is that it does not fund irrationally. Although if it wanted it could tap the market with easy regularity because of the confidence in its name, it refuses to do so. It only borrows when necessary. In the past 12 months in the international markets it reopened its 2011 bonds in August and successfully took money through a $368 million syndicated loan in March.
ISSN:0014-2433