Investors will be watching
PETALING JAYA: Malaysia is on the verge of being removed from the World Government Bond Index (WGBI), with local government bonds facing a potential rating downgrade, raising the risk of capital flight and increasing headwinds on the ringgit.
However, bond market pundits told StarBiz that Malaysia’s potential exclusion from the global index could be averted, if the government could address the concerns of index managers and raise market confidence.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
