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Demand for Malaysia s corporate bond, sukuk issuances to remain healthy: MARC chief

Demand for Malaysia s corporate bond, sukuk issuances to remain healthy: MARC chief Farah Adilla KUALA LUMPUR: Demand for Malaysia s corporate bond and sukuk issuances is expected to remain healthy this year, industry executives said. They said as global rates were expected to remain low this year, appetite for higher yielding instruments such as sukuk should still be solid. They estimated Malaysia s bond and sukuk issuances to remain at between RM100 billion and RM110 billion in 2021, similar with last year, based on the narrative of re-building the nation in these challenging times. Malaysian Rating Corporation Bhd group chief executive officer Datuk Jamaludin Nasir said this was going to be backed by firmer crude oil prices, accommodative policies for Islamic finance and expectations for economic recovery.

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