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The Nexus
BUSINESSJul 24 · 02:37 UTCBLOOMBERGNetty Ismail

Malaysia Sells First Dollar Bonds in Five Years as Fuel Subsidy Bill Rises

Malaysia raised $1.5 billion in its first dollar bond sale in five years to address a rising fuel subsidy bill linked to the Iran war. The bond issuance aims to bolster funding as the subsidy cost is expected to more than double from its initial target.

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