Bonds recordbid-to-cover ratio of more than two times

PETALING JAYA: The Malaysian bond market remained resilient with the last two primary auctions of government bonds recording a healthy bid-to-cover ratio of more than two times, said the Financial Markets Committee (FMC).

Average daily trading volume in the secondary bond market trended higher to RM4.2bil, while non-resident holdings of long-term government papers were at 25.1% as at end April 2017.