PETALING JAYA: Industry observers are positive on the local bond market, saying the trimming of foreign investors' holding of ringgit-denominated debt is a temporary phenomenon amid the worsening eurozone sovereign debt crisis.
Bond Pricing Agency Malaysia Sdn Bhd (BPAM) CEO Meor Amri Meor Ayob said in essence, it was the credit quality of the assets that mattered most in times of heightened uncertainties.
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