PETALING JAYA: The idea for a private bond guarantee market has surfaced following good response from potential bond issuers to the newly set-up financial guarantee insurer (FGI), Danajamin Nasional Bhd.
“The creation of Danajamin, which is a government initiative to provide bond credit guarantees, may trigger rethinking of the bond guarantee market among banks,’’ said Liza Mohd Noor, CEO of RAM Ratings Sdn Bhd.
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