Under lockdown: MARC said failure to contain the pandemic, however, will necessitate increasing further the supply of MGS/GII to finance economic support measures in the near term.
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) expects the gross issuance of Malaysian Government Securities (MGS)/Government Investment Issues (GII) to between RM170bil and RM180bil this year.
“This would be the highest annual gross issuance amount in recorded history,” it said the government issues more debt papers to mitigate the impact of stricter lockdown measures due to the on-going Covid-19 pandemic.
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