200 billion yen samurai bond priced at 0.63%

200 billion yen samurai bond priced at 0.63%

The finance ministry says proceeds from the bond offering will be used for general purposes and financing development.

The finance ministry building in Putrajaya. (Bernama pic)
KUALA LUMPUR:
The finance ministry announced today that the 200 billion yen, 10-year samurai bond will be priced at the full cost of 0.63% per annum.

Proceeds from the bond offering will be used by the government for general purposes and financing development, including the building of schools, hospitals, public roads and utilities, it said in a statement.

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