PETALING JAYA: Corporate bonds rated by RAM Rating Services Bhd surged to RM133.6bil for calendar year 2007 from RM42.5bil a year earlier, bolstered by mergers and acquisitions and investment activities last year.
“This translated into 87% of the domestic market's RM153.4bil worth of rated corporate bonds for the same period,” the company said in a statement on Tuesday.
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