Wait-and-see approach to the bond market


Bond Pricing Agency Malaysia (BPAM) CEO Meor Amri Meor Ayob.

PETALING JAYA: Foreign investors are adopting a “wait-and-see” attitude before buying into Malaysian bonds after a massive sell-off amounting to RM3.6bil in July.

Analysts, however, are upbeat that foreign investors would increase their holdings on the nation’s bonds when a clearer picture of the political situation emerges and a plus point would be a stronger economy in the fourth quarter.

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