Malaysia’s Bond Market Should Widen its Credit Spectrum to Include Smaller Issuers for Growth: SC

Chairman of the Securities Commission Malaysia (SC), Datuk Syed Zaid Albar, has highlighted the importance of broadening the credit spectrum within the domestic bond market to accommodate smaller bond issuers. Speaking at the MARC Virtual Malaysian Bond and Sukuk Conference on the 19th of May 2021, Syed Zaid noted that the challenge would be in adapting bond and Sukuk markets in order to ensure cost-effective ways for small and lower-rated issuers to raise the required funds to meet growth and expansion plans.

Why it Matters?

The significant contribution of micro, small and medium enterprises (MSMEs) to Malaysia’s employment and gross domestic product (GDP), renders it imperative to accommodate these businesses in order to enhance sustainable gr...