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Malaysia's five year bond yield falls to lowest since 2013


  • Economy
  • Monday, 18 Jan 2016

KUALA LUMPUR: Malaysian government bonds rose, driving the five-year yield to its lowest level since 2013, on speculation the nation's debt is luring investors amid a selloff in stocks.
 
The yield on the notes has dropped 18 basis points in the past month, while the benchmark stock gauge lost 1.5 percent. Malaysia's 10-year bonds, which are rated the fourth-lowest investment grade by Standard & Poor’s, offer the second-highest yields among Southeast Asia's three biggest economies. The government will take measures to cut spending, including studying the privatization of projects, the finance ministry's top bureaucrat Mohd Irwan Serigar Abdullah said Wednesday.

Economy , Banking

   

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