Fitch Affirms Malaysia's Debt Capital Market Outlook for 2H24

Monday, 12 August 2024, 00:01

Fitch affirms Malaysia's debt capital market (DCM) issuance outlook as expected to remain steady in 2H24. Factors include government fiscal strategies and market conditions. Analysts predict issuance levels during this period will align closely with those of the first half of the year, reflecting economic stability and gradual fiscal measures.
Thestar
Fitch Affirms Malaysia's Debt Capital Market Outlook for 2H24

Overview of Malaysia's Debt Capital Market in 2H24

According to Fitch Ratings, Malaysia's debt capital market (DCM) issuance for the second half of 2024 (2H24) is projected to maintain or slightly drop from first half (1H) levels. The government's gradual fiscal consolidation is the main factor influencing this outlook. Slow improvements in fiscal health coupled with stability in interest rates will shape investor confidence and market dynamics.

Factors Affecting DCM Issuance

  • Government fiscal strategies aim to achieve sustainable growth.
  • Market conditions remain stable, supporting issuer confidence.
  • Global economic trends could impact investor sentiment.

In conclusion, while Malaysia's DCM outlook hinges on current economic policies, external factors could also play a crucial role in shaping the future.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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