KUALA LUMPUR: Malaysia’s debt capital market (DCM) issuance for the second half of 2024 (2H2024) is expected to match 1H levels or fall, driven by the government’s gradual fiscal consolidation, with the federal deficit expected to fall in the near term, said Fitch Ratings.
It said in a statement today that impetus could come from financial institutions and corporate issuances as they seek to refinance and diversify funding.
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