FTSE Russell keeps Malaysia's bonds on watch list

Maybank Research while FTSE Russell acknowledged Bank Negara Malaysia's initiatives to improve market accessibility for foreign investors, it seemed that more time is needed to assess the efficacies of these measures to maintain the Market Accessibility Level of Malaysia at 2.

KUALA LUMPUR: FTSE Russell decided to keep Malaysia's bonds on its negative watch list, following the annual review process, Maybank Investment Research said.

“While acknowledging the measures to improve liquidity and accessibility of both bond and forex markets, more time is needed to assess the efficacies of these improvements,” the research house said on Friday.