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 successfully raised RM150.6 billion, accounting for 72.7% of its total gross borrowing requirements for the year, according to the Ministry of Finance (MoF). This substantial amount was primarily raised through Malaysian Government Securities (MGS) and Malaysian Government Investment Issues (MGII) issuances, which contributed RM130 billion, followed by RM14.5 billion from Malaysian Treasury Bills (MTB) and Malaysian Islamic Treasury Bills (MITB) issuances, and the remaining RM14.5 billion via offshore issuance.
The collected funds were primarily used to settle RM71 billion in principal redemptions, while the remaining RM79.6 billion was allocated for deficit financing and to partially cover upcoming maturities. The MoF's Fiscal Outlook and Federal Government Revenue Estimates 2027, released today, projects that the total gross borrowings for 2026 will amount to RM207.1 billion, or 9.5% of the Gross Domestic Product (GDP), up from RM181.7 billion, or 9% of GDP, in 2025. The increase in borrowings is mainly due to higher refinancing needs of RM128.5 billion.
The government's borrowing continues to fulfill two primary objectives: financing the fiscal deficit and refinancing maturing debt. The MoF emphasized that the issuance strategy will maintain a well-diversified maturity profile while optimizing 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.
This story
This is one outlet's version. Read the fullest account.
