Malaysia's credit standing is still good, said Prime Minister Dr Mahathir Mohamad today, pointing to the fact that his administration was still being offered new loans.

"Our credit rating is very good because people are coming forward to offer bonds for us to borrow.

"But of course, we have to (consider) the best offer. Samurai bonds will attract an interest rate of 0.5 percent," said Mahathir during a press conference after the Budget 2020 speech.