Malaysian Rating Corp (MARC) said the significant decline in US-China trade tensions was the main stimulant for the local bond market in December 2019.
KUALA LUMPUR: The local bond market ended 2019 on a positive footing compared to the preceding year with Malaysian Government Securities (MGS) yields falling to multi-year lows while foreign holdings of local bonds climbed to the highest level since 2012.
Malaysian Rating Corp (MARC) said the significant decline in US-China trade tensions was the main stimulant for the local bond market in December 2019.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
