Govt raises RM150.6b, 72.7pc of 2026 gross borrowing requirements in first eight months
KUALA LUMPUR, Oct 9 — The government has raised RM150.6 billion, or 72.7 per cent of the annual gross borrowing re...
In the first eight months of 2026, the Malaysian government has raised RM150.6 billion, accounting for 72.7 percent of its annual gross borrowing requirements, according to the Ministry of Finance (MoF). The government secured RM130 billion through Malaysian Government Securities (MGS) and Malaysian Government Investment Issues (MGII) issuances, RM14.5 billion via Malaysian Treasury Bills (MTB) and Malaysian Islamic Treasury Bills (MITB) issuances, and the remaining RM14.5 billion through offshore issuances.
The borrowed funds were mainly utilized to repay RM71 billion in principal, with the remaining RM79.6 billion used to cover the deficit and partially finance upcoming maturities. The Ministry of Finance expects the government's gross borrowings for 2026 to reach RM207.1 billion, or 9.5 percent of the GDP, up from RM181.7 billion, or 9 percent of the GDP, in 2025.
The primary objectives of the government's borrowing are to finance the fiscal deficit and refinance maturing debt. The issuance strategy aims to maintain a balanced maturity profile and optimize the cost of funding.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.