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THE Malaysian government bond market was quiet at the start of the week as players awaited the release of the March Consumer Price Index figure.
It came in at 3.50 per cent year-on-year, slightly lower than the consensus estimate of 3.60 per cent.
Separately, Pacific Investment Management Co (Pimco) commented that corporate bonds in Malaysia, Thailand and Indonesia offer good investment opportunity as they are expected to benefit from declining risk aversion.
The comment by Pimco coupled with lthe ower-than-expected CPI data pushed yields down by 7-11 bps on the front end of …