No big impact from foreign fund exit, outlook for domestic bond market still good

KUALA LUMPUR: The recent selling trend by foreign funds in the bond market is not expected to have a major impact on Malaysia’s debt equity market given the country’s resilience and attractive yields, an analyst said.

CIMB vice-president for fixed income research Nik Ahmad Mukharriz Nik Muhammad said that the outlook for the bond market was still good as the economy was quite conducive for bonds, given the attractive yields as well as low interest and inflation rates.