Ringgit bonds facing bearish demand thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Bond Pricing Agency Malaysia (BPAM) has released its latest service, the BPAM Climate Change and Principle-based Taxonomy (CCPT) classification for bonds, in line with Bank Negara Malaysia's (BNM) CCPT framework introduced in April 2021.
PETALING JAYA: The Malaysian bond market, which registered the 13th straight month of positive net foreign inflows in May, will likely see lesser foreign inflows in the coming months as inflationary pressure in the US builds up.
Continued foreign inflow into country bodes well for sector
PETALING JAYA: The Malaysian bond market is set to remain robust amid lingering risks after witnessing eight consecutive months of net foreign inflows into the market.
With the economic recovery underpinned by the financing of infrastructure projects, the government’s deficit financing due to stimulus measures and yield hunting activities by foreign investors, it spells good news for domestic bonds.
The government’s fiscal deficit in 2021 is projected to be at 5.4% of gross domestic product (GDP), despite a slight reduction from an estimated 6% last year.
The country’s GDP growth forecast for this year is expected to be between 6.5% and 7.5%, according to the Finance Ministry.