(Bloomberg) -- Malaysian bonds rose, reversing earlier declines, after stronger demand at an auction of five- year bonds. The ringgit was little changed.
The government today sold 3 billion ringgit ($869 million) of June 2012 bonds at an average yield of 3.407 percent. That's the lowest for a sale of similar-maturity debt since August 2005, suggesting demand for debt remained good.
Read more at Bloomberg Bonds News
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