MARC’s corporate bond issuers portfolio remained steady in 2020

MARC’s corporate bond issuers portfolio remained steady in 2020

The Malaysian Reserve-News·2021-03-18 15:01

THE Malaysian Rating Corp Bhd (MARC) said its portfolio of corporate bond issuers remained steady in 2020 with the rating stability remaining high, downgrade rate remaining constant and no defaults being recorded.

The rating agency reported a stability ratio of about 95.7%, similar to that in 2019 and higher than the long-term average of 87.2%, despite the slump in economic growth due to the Covid-19 pandemic.

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