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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Malaysia: No impact on demand for bond funds

Posted on 18 September 2012

The Securities Commission’s (SC) new retail bonds and sukuk framework will enhance the capital market, said Eastspring Investments Bhd CIO for fixed income, Ilene Chong, adding that there will be no impact on demand for the fund manager’s bond funds.
“We do not expect any significant impact to our bond funds, which are invested in both government and corporate bonds. The new framework enhances retail appreciation of bonds/sukuk, and does so in a careful and gradual manner, by initially only offering government and government-guaranteed bonds/sukuk, and subsequently, bonds/sukuk of selected corporate issuers,” she said………………………………………..Full Article: Source

 
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