High demand seen for bonds


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PETALING JAYA: The demand for Malaysian bonds is expected to remain buoyant in the medium to long term, although there could be pressure posed by the more transmissible Omicron variant of the Covid-19 on the foreign holdings of ringgit bonds.

Economists and bond analysts said it was still early to tell how this variant may impact the foreign flows into the domestic bond market, as more information is needed to see how virulent the new strain is and the efficacy of the current vaccines.

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