Bank Negara Malaysia (BNM) issues Malaysian Government Securities (MGS) and Malaysian Treasury Bills (MTB) on behalf of the Government of Malaysia. MGS and MTB are issued regularly by auction to primary dealers on the Fully Automated System for Tendering (FAST) or as private placements to the Employee Provident Fund. BNM also issues its own Bank Negara Malaysia Bills by auction on the FAST. Merdeka Savings Bonds are issued by BNM to Malaysian retirees through agent banks.

Government Investment Issues (GII) are government bonds issued in accordance with Islamic principles under the Government Investment Act 1983. GIIs are structured based on Bai' Al-Inah concept and are also issued by auction to primary dealers on the FAST.

Khazanah bonds, which are guaranteed by the Government of Malaysia, are issued on tender auction basis through principal dealers on the FAST. Danaharta bonds were issued to financial institutions for the purchase of non-performing loans. Danamodal bonds were issued through allotment to banks for the recapitalization program of financial institutions.

The Securities Commission (SC) oversees the issuance of private debt securities (PDS), asset-backed securities (ABS), Islamic securities, and structured products. The SC provides guidelines on the offering of these securities. The SC approves private debt securities' prospectuses, which are lodged with the Companies Commission of Malaysia. These are detailed at the links below.

Corporations may issue private debt securities without prior assessment by the SC, but only if the private debt securities guidelines on transparency are met. This is in line with the SC's disclosure-based regulatory framework for fund raising.

For foreign issuers, the Quick Reference for Information on Cross-Border Bond Issuance and Investment provided below contains information on bond issuance by nonresidents in Malaysia.

Under the BNM’s Foreign Exchange Administration Policies linked below, proceeds of bond issuances are not to be used for refinancing of offshore borrowing and/or for financing of investment abroad exceeding MYR 10million in aggregate in a calendar year. The National Bond Market Committee Negative List which identifies activities where proceeds from PDS and ABS issuances cannot be used has been repealed last 28 March 2005.