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Malaysian sukuk to remain resilient

21 Jul 2021 | Wednesday Source: The Malaysian Reserve

The local currency sukuk market is expected to remain strong for the second half of 2021 (2H21) despite a challenging rst quarter and downside risk.

RAM Rating Services Bhd chief rating officer Siew Suet Ming said the attractive low yields will incentivise firms to bring forward their funding plans before interest rates start to normalise along with policy rates in 2022.

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