Potential investors, although “keen and hungry” for Syarikat Prasarana Negara Bhd’s (Prasarana) bonds, will await more details on the potential yield rates first. Fixed income analysts opined that the demand for the bonds comes on the backdrop of the tight supply of such bond instruments in the region.
“There seems to be a lack of such bond instruments in the market at present. The underlying demand is strong, given that such Prasarana bonds are usually government guaranteed and can be considered equivalent to the risk-free Malaysian Goverment Securities (MGS),” RAM Holdings group chief economist Dr Yeah Kim Leng said………………………………………..Full Article: Source