Govt bonds still attractive

Jonathan Liang, managing director and head of Asia ex-Japan investment specialist for global fixed income, currency and commodities, said Malaysia offers “relative value” in terms of government bonds among Asian countries.The Malaysian government bond space is more attractive, even compared to some of the developed or larger markets in the region such as South Korea and China, he added.

PETALING JAYA: The asset management arm of the world’s fifth largest bank has expressed its interest to buy more long-term Malaysian government bonds.

This appears to be a sign of confidence in the Malaysian debt market, at a time when capital flows out of the country have been increasing.