Malaysia may ease rules on short-selling of govt bonds

Adnan: ‘It looks like the ringgit is more stable.’

KUALA LUMPUR: Malaysia is considering easing rules on the short-selling of government bonds to deepen domestic financial markets and revive interest in its debt.

Bank Negara will allow companies and insurers to short sell sovereign bonds to help them manage their interest-rate exposure and generate more trading volume, assistant governor Adnan Zaylani Mohamad Zahid said in an interview on March 24.