The bond market for the second half of the year is expected to remain buoyant with analysts forecasting total issuances of between RM50bil and RM60bil for the year. Bond issuance in the first half amounted to RM21bil. Industry observers said the outlook for the corporate bonds and sukuk could be dampened if the global economy further softened and the European debt crisis worsened.

Unlike corporate bonds, they said foreign funds would continue be a major driver in the Malaysian Government Securities (MGS) market for the second half of the year underpinned by the stronger local currency and the eurozone debt crisis……………………………………….Full Article: Source