Monday, May 21, 2007

Malaysian Yields to Fall Below 3 Percent This Year, Affin Investment Says

(Bloomberg) -- Malaysia's local-currency bond yields
will drop below 3 percent by the end of the year as the prospect
of a stronger currency boosts demand for debt, according to Affin
Investment Bank Bhd.

Yields on benchmark three-year notes will fall to 2.5 percent
from the current 3.07 percent, while those on five- and 10-year
notes will both drop to 2.8 percent from 3.05 percent and 3.09
percent respectively, the Kuala Lumpur-based bank said in a report
to clients today.


Read more at Bloomberg Bonds News

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