Malaysia set to issue second samurai bond, Mahathir says

Japan offers access to 'cheap money' to repay debt and fund infrastructure

20190826 JAPAN-MALAYSIA/

Malaysian Prime Minister Mahathir Mohamad and Japanese leader Shinzo Abe: Their governments are arranging another samurai bond issuance.  © Reuters

P PREM KUMAR, Nikkei staff writer

KUALA LUMPUR -- Malaysia is currently negotiating to issue a Japanese government-backed "samurai" yen bond for the second time, planning to use the funds to repay debt and build infrastructure, Prime Minister Mahathir Mohamad confirmed on Monday.

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