Treasury ready to act on second Samurai bond, awaits PM's order

PUTRAJAYA: The Finance Ministry is ready to act if the second Samurai bond issuance is continued, and is awaiting further instructions from Prime Minister Dr Mahathir Mohamad in relation to his statement on its issuance, the ministry said in a statement today.

Mahathir told a media conference yesterday that Malaysia had received the agreement of Japanese Prime Minister Shinzo Abe for the issuance of the bond and it was up to Finance Minister Lim Guan Eng to continue negotiations. The Cabinet had also stated its agreement in principle, with further details to be scrutinised by the ministry, the statement said.

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