Bank Negara allows MDBs and DFIs to issue ringgit bonds


PETALING JAYA: Bank Negara is now allowing multilateral development banks (MDBs) and foreign development financial institutions (DFIs) to issue ringgit-denominated debt securities for funding in Malaysia and provide ringgit financing to resident corporates.

The move to liberalise the foreign exchange policy for international financial institutions is done to support investments in Malaysia.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Weak ringgit, regional rout weigh on Bursa Malaysia
Asia coal prices hit 2-year high on Indonesia export rules
Moody’s: South, Southeast Asia credit outlook stable despite US dollar strength
South Korea's KOSPI craters over 8% as Fed fears spark tech rout
Gold extends losses on US interest rate-hike fears
OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO

Others Also Read