Diversification to spur bond market


BPAM chief executive officer Meor Amri Meor Ayob

PETALING JAYA: The Malaysian bond market is set to get a boost and attract more foreign investor participation in the debt market, thanks to Bank Negara’s move to allow multilateral development banks (MDBs) and foreign development financial institutions (DFIs) to issue ringgit-denominated bonds.

Experts agree that this move would further spur foreign investors participation and liquidity into the local bond market.

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