With the assist of income, producers can but raw material, plant and machinery. They can settle their debts and pay corporate taxes.
In Malaysia, the unit trust schemes which are managed by knowledge fund managers are governed by a legally binding deed registered with the Securities Commission under central government.. The Securities Commission regulates the unit trust market as effectively as the operations and administration of unit trust schemes to protect the interest of unitholers.
Thus, treasury certificates are medium-term government securities which mature after a period of one particular to two tears and are intended to bridge the gap between the treasury bill and extended term government securities. They had been initial issued in 1968 at a discount of 45/8 percent for a single-year certificates and 41/two % for two year certificates.
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