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Malaysia Sells First Dollar Bonds in Five Years as Fuel Subsidy Bill Rises

Malaysia raised $1.5 billion in its first dollar bond sale in five years, bolstering funding as the Southeast Asian nation grapples with a fuel subsidy bill that’s likely to more than double from an initial goal due to the Iran war.

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Malaysia raised $1.5 billion in its first dollar bond sale in five years, bolstering funding as the Southeast Asian nation grapples with a fuel subsidy bill that’s likely to more than double from an initial goal due to the Iran war.