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Malaysia Selling RM3 billion of Government Bonds

Photo Courtesy of Aaron Tan

Photo Courtesy of Aaron Tan

Another indicator that the Government is running low on cash.

Or it’s a sign that even the Malaysian Government is not spared from the Madame Bovary Syndrome

MALAYSIA will sell RM3 billion (US$886.5 million) of government bonds on Nov 30, said Bank Negara, late last Friday.

The bonds will mature on May 31, 2013 and tendering for the paper closes on Nov 30, the central bank said on its website. – Reuters





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