Malaysia said to tap banks for first dollar bond sale since 2021
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Malaysia is set to issue a US$1 billion dollar bond, marking its first return to the US currency market since 2021. The country has enlisted banks including CIMB, HSBC, and JPMorgan to facilitate the sale, which is expected to begin in the coming weeks, depending on market conditions. The proceeds will be used to refinance maturing dollar bonds. This move reflects Malaysia's confidence in improved investor interest in emerging-market sovereign bonds.
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