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NBMC STARTS WORK TO DEVELOP CORPORATE BOND MARKET (367).

BERNAMA The Malaysian National News Agency

| September 07, 1999 | COPYRIGHT 1999 Bernama - Malaysian National Agency. (Hide copyright information)Copyright

KUALA LUMPUR, Sept 7 (Bernama) -- The National Bond Market Committee (NBMC) has started work to lead all corporate bond market development efforts in Malaysia, the Finance Ministry announced in a statement today.

The ministry said the committee's mandate was to provide overall policy direction as well as rationalise the regulatory framework for the orderly development of the corporate bond market.

It would also conduct detailed studies on issues relating to corporate bond development and based on the recommendations from the studies, identify appropriate implementation strategies, the ministry said.

The NBMC is chaired by the Secretary General of …

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