Lower-rated bond issuers need boost


The amount of negative-yielding bonds globally have jumped 47% to more than $12 trillion this year as signs that the Federal Reserve and the European Central Bank will ease spurred a bond rally.

KUALA LUMPUR: Market makers must be created to spur greater liquidity in the Malaysian bond market, particularly for lower-rated issuers, a bond conference heard yesterday.

Danajamin Nasional Bhd CEO Mohamed Nazri Omar mooted the idea in response to Securities Commission (SC) chairman Datuk Syed Zaid Albar’s concern on the need to widen credit spectrum.

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