Malaysia has been making noteworthy decisions to strengthen its economy over the past few years. Although the previous administration of the country led by Najib Razak has saddled the nation with a huge debt. The country is still managing to stabilize and grow its economy.

Malaysian Prime Minister Mahathir Mohamad, who was elected in a change of government last May, has been making huge decisions to get the nation out of debt and also has blamed the previous administration of being careless of the economy and drowning the country's economy with a debt of 1 trillion rings. Since, Mahathir Mohamad has been making efforts, such as the low-interest rate Samurai bonds which will allegedly pay back some of the costly loans taken by Najib's government. A samurai bond is a yen-denominated bond issued in Tokyo by non-Japanese companies and is subject to Japanese regulations. These bonds provide the issuer with access to the Japanese capital, which can be used for local investments or financing operations outside Japan. Malaysia had issued a 200-billion-yen samurai bond earlier in March, marking its return to the Japanese bond market after 30 years. This bond had an interest rate of 0.63 percent with a 10-year maturity. The prime minister said Malaysia has gotten the agreement from Japan’s prime minister, Shinzo Abe, for the bond issuance, but it is up to the Ministry of Finance to decide whether to proceed or not.

The prime minister also hinted that the amount for this bond will be higher than the previous bond amount from March. Japan Bank for International Cooperation (JBIC) will guarantee the samurai bond issuance and has agreed to reduce the interest rate to 0.5% with a term of maturity of 10 years.