There have been no perpetual bond defaults in Malaysia since they became popular with large corporations. However, all investment products carry their own risks.
Malaysian Rating Corporation Bhd (Marc Ratings) foresees the Brent oil prices to remain elevated to hover around US$85-US$95 (US$1=RM4.78) for the remainder of 2023 and within the range of US$80-US$100 per barrel in 2024.