The issuance of Malaysian Government bonds is expected to increase to RM160 billion this year from RM149 billion last year, according to foreign fund management company Amundi Malaysia. Chief investment officer for fixed income and global sukuk Tutiana Jusat said in complying with the 60% debt to Gross Domestic Product (GDP) ceiling and maintaining a budget deficit below 6% this year, an increase of around RM10 billion for a total issuance size of RM160 billion is within reach
