Malaysia increases debut euro bond sale

The Malaysian government has been able to increase the size of its first ever euro bond sale, in what could be the last emerging market offering in Europe this year.

Malaysia approached the European bond market seeking to raise €500m ($435m) in a sale managed by Barclays Capital and Deutsche Bank. It was able to add a further €150m to take the final total to €650m. The bond has a five-year maturity.

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