18.12.2012 - Malaysian bond market expected to grow in 2013
The Malaysian bond market is expected to grow between 4.5% and 5% despite the current turmoil in Europe and uncertain prospects in the global economy, according to Hwang Invesment Management Bhd (HwangIM). HwangIM is still constructive about the country’s bond market and the Malaysia Government Securities (MGS) is still one of the higher yielding sovereign bonds in the region, trading at 3.5% yield for the 10-year MGS. “Foreign investors hold 40% of the MGS and it is the driving influence for the bond market,” its head of fixed income Esther Teo Keet Ying said..............................................Full Article: Source
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