Page 219 - SC SCAR 2023 ENGLISH Flipbook

TABLE 2
Lodged/approved ringgit-denominated corporate bonds and sukuk issues
PART 6 MARKET STATISTICS
Type of issues
2023
2022
No. of issues
Nominal amount (RM million)
No. of issues
Nominal amount (RM million)
Corporate bonds
– Commercial papers/Medium-term notes – Bonds
– Loan stocks
20 - 2
73,004.50 - 215.46
15 - 2
19,030.00 - 370.24
Subtotal
22
73,219.96
17
19,400.24
Sukuk
– Islamic commercial papers/Islamic medium-term notes
– Islamic bonds
– Islamic loan stocks
40
1 -
93,263.00
5,000.00 -
40
- 3
140,849.00
- 7,016.00
Subtotal
41
98,263.00
43
147,865.00
Combination of corporate bonds and sukuk
– Commercial papers/Islamic commercial papers
-
-
2
20,000.00
Subtotal
-
-
2
20,000.00
TOTAL
63
171,482.96
62
187,265.24
The total number of ringgit-denominated corporate bonds and sukuk approved by/lodged with the SC with tenures of 1 to 7 years and 8 to 15 years increased by 17.65% and 60% respectively. There was a 12.50% decrease in the total number of ringgit-denominated corporate bonds and sukuk with tenures of more than 15 years (Chart 1).
In 2023, a total of 40 ratings were assigned by credit rating agencies to ringgit-denominated corporate bonds and sukuk issues lodged with the SC, as compared to 45 ratings assigned in 2022. The number of unrated issues has increased by 75% as compared to 2022 (Chart 2).
There were 3 foreign currency-denominated corporate bonds and sukuk lodged with the SC in 2023.
CHART 1
Tenure of lodged/approved ringgit-denominated corporate bonds and sukuk issues
45 40 35 30
25
2022 2023
40
20 20 17
15
10 8 55
0
1–7 years 8–15 years
Note:
Tenure of facility, and not the respective notes or papers under the facility.
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023 217
Above 15 years
35
No. of issues