What was the total interest paid on Samurai bonds from 2019 to 2024?

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Total Interest Paid on Samurai Bonds Reached RM192.1 Million Between September 2019 and March 2024

Between September 2019 and March 2024, the Malaysian government disbursed a total of RM192.1 million in interest payments for Samurai Bonds. These interest payments are disbursed biannually, occurring in March and September each year, and are denominated in Japanese yen but settled in Malaysian ringgit, subject to the prevailing exchange rate on the transaction date. The government remains committed to fulfilling all scheduled interest payments on these bonds until their maturity in March 2029.
Interest Payments Disbursed Over a Five-Year Period

The cumulative interest paid on the Samurai Bonds from September 2019 up to March 2024 amounted to RM192.1 million. This period encompasses five years of biannual interest payments. The Ministry of Finance confirmed this figure in a written response, indicating the financial commitment made by the government.
Biannual Interest Payment Schedule

Interest on the Samurai Bonds is paid twice annually, specifically in March and September. The exact ringgit amount paid is influenced by the yen-to-ringgit exchange rate on the day each payment is processed. This currency fluctuation is a key factor in the total ringgit expenditure for interest servicing over time.
Commitment to Future Interest Payments

The Malaysian government has affirmed its intention to continue servicing the interest obligations on the Samurai Bonds until the debt's maturity date. This commitment extends through to March 2029, at which point the principal amount will also be repaid. This ensures that all contractual obligations related to the Samurai Bond issuance will be met.

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What was the total interest paid on Samurai bonds from 2019 to 2024?

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