RATING Agency Malaysia Bhd (RAM) expects the local private debt securities (PDS) market to grow by 30% this year to RM34bil from RM25bil of last year.
Speaking to reporters after the company’s AGM at Kuala Lumpur yesterday, RAM executive deputy chairman Datuk C. Rajandram said there had been a shift from looking to the banks for the raising of corporate funds to that of the bond market.
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