MALAYSIA PLANS 1.6 BILLION RINGGIT LOAN ISSUE
The Malaysian government said it
is issuing 1.6 billion ringgit worth of loan stock on the
domestic money market, a treasury statement said.
    The issue, the first such offering this year, will comprise
250 mln ringgit of eight-year stock at 6.6 pct, 700 mln of
10-year stock at 6.8 pct and 650 mln of 21-year stock at 7.6
pct, all prices at par, it said.
    The issue is open with immediate effect and will close when
fully subscribed, the statement said.
    Proceeds will be used to finance development.
 REUTER
