UPDATE 1-Malaysia's RAM sees slower bond issuance in H2

Newswire

(Adds comments on Maybank, IPPs) KUALA LUMPUR, Sept 18 (Reuters) - Malaysian bond issuance, which rose 18 percent from a year earlier in the first half of 2008, will likely drop off in the second half of the year, Malaysian ratings agency RAM said on Thursday. "RAM Ratings cautions that a sharp drop in local corporate fundraising is on the cards for the second half of 2008 against a backdrop of a more challenging environment and higher yield expectations," the agency said in a statement. ...

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