Bank Negara: No need for unconventional monetary policy

KUALA LUMPUR: Malaysia does not have to resort to an unconventional monetary policy as the country's deep bond market and diverse set of institutional investors are enough in absorbing a higher bond supply, said Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus.

She said although the Malaysian Government Securities (MGS) are on an increasing trend, the bond market has recorded a healthy bid-to-cover ratio.