PDS to buoy local bond market


  • Business
  • Thursday, 09 Jan 2003

THE growing trend in tapping private debt securities (PDS) in the corporate sector is expected to continue to buoy the local bond market this year. 

“Momentum looks very strong in the debt market. This is a good year for the bond market and merger and acquisition (M&A) activities, but not so good for equities,'' CIMB Bhd chief executive Nazir Razak told a press conference after the company KLSE main board listing ceremony yesterday. 

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