The Malaysian banking system and bond market have sufficient liquidity to meet borrowers' funding needs unlike in some Asian countries where companies are crawling to launch local currency bonds because of difficulty in getting foreign currency loans.
These Asian companies are even presenting higher yields for the bonds which are seeing less take-up from European banks as they pull back funding to the region.
Reuters recently reported that corporates were speeding into launching bonds in some Asian countries as they were not able to get banks to lend them US dollars or euros.