Malaysia unveils steps to deepen markets as FTSE Review nears


Businesses will be given greater flexibility to hedge and principal dealers will be required to quote off-the-run bonds to deepen domestic markets, Bank Negara Malaysia said in a statement on Friday.

KUALA LUMPUR: Bank Negara announced further steps to increase market liquidity, ahead of an expected decision by FTSE Russell in September on whether to retain ringgit bonds in its index.

Businesses will be given greater flexibility to hedge and principal dealers will be required to quote off-the-run bonds to deepen domestic markets, Bank Negara Malaysia said in a statement on Friday.

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