Some little-publicised news locally: Malaysia may sell bonds soon in its first major foreign debt offering in eight years.
These could be 10-year dollar-denominated bonds.
The offering will be in the region of “billions” of dollars, Bloomberg reported a government official as saying.
Check out the trend of Malaysia’s external debt stock here.
Malaysia’s international reserves stood at RM314 billion at the end of April 2010. Gross external debt was RM265 billion at the end of 2009.