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Posted Date : 10 Feb 2015

 

MARC published its final methodology on rating Malaysian state governments today following a request for comments period. 

The methodology report outlines concepts and principles applicable when assessing a state’s capacity and willingness to honour senior obligations under financial contracts that include third-party credit guarantees or partial guarantees, liquidity facilities and similar products, given the appropriate documentation and authorisation.
 
The rating methodology can be accessed on MARC’s website at Rating Malaysian State Governments.
 
Contacts: 
Quah Boon Huat, +603-2082 2231/ boonhuat@marc.com.my; 
Nor Zahidi Alias, +603-2082 2277/ zahidi@marc.com.my.