There is a debt repayment exercise sometime this month to be performed against the 1MDB Loan. It was claimed earlier that an Abu Dhabi firm will forward abt,... of the top of my head,... 785M USD to help Msia. Subsequently, it was reported that the Abu Dhabi firm is reviewing this commitment.

If the UAE is not going to help Msia, where to get the funds to fulfill this exercise ? And the subsequent exercises, eg coupon payment dates, etc ?

If Msia default this month,... then more turbulence to come.

It is the short-term debts tat I worry about.

More likely to be a quiet bailout by the Malaysian government than a default, I think.

Most probally bnm will probally fill in the gap if malaysia really default as they have a huge reserve

Where to get the funds from ?? If it is from 'that 700M USD "donation" ', then just one round of this debt repayment exercise will 'wipe out' that donation. You think the person who got the donation is willing to let go of the amt ?

Otherwise, if the funds is gg to come from somewhere in the country,.... it will affect our reserves and surpluses again,...

Yes, I have anticipated so,... to plough into that international reservres again. When this happens, then all the other Gov't debts will have a precedence to start ploughing into that same coffer. Well,... it won't be long before our imports will be affected.

like what unker dreamer says, will use ASx money to cover

Just relax guys 4.2 ain't so bad when compared to hkd which is 7.75 to the usd but still hong kong people still get by wonderfully

ASx got so much $$ to cover

That argument isn't going to work on Malaysians anymore. In fact I don't think it has ever worked.

The amount of stupidity contained in the single line above is mind boggling..

Malaysia have huge reserve?!

HUGE?

Dude... what kinda standard/benchmark are u using to define this "huge" reserve?

Why? As you can see hk people have it much harder then us but still get by normally. Indonesia too.

sooner or later some random Joe will start comparing with zimbabwe.

I don't think ASx carries so much cash, unless they liquidate their stock holdings which will affect KLSE.

u don't think they are capable of, or under instructions, do an "xmdb" on those funds?

-markd-

worse they can do is to issue some sukuk bond & "ask" ASx fund or any others local funds to subscribe it

Or just liquidate 1MDB assets to pay the dues?

it's on the way..

they're selling the energy assets & also JV for RMAF Bdr Malaysia land

1MDB will honour its obligations on JIT basis