KUALA LUMPUR (May 3): Bank Negara Malaysia today announced the overnight policy rate (OPR) is up by 25 basis points to 3 per cent.
“At this stage, the OPR is back to the pre-crisis rate and is more in line with the improved state of the economy,” the central bank said in an infographic to explain
Malaysia is becoming the go-to destination for Asia bond investors like BlackRock Inc, with some looking to profit from possible signs of peak interest rates and others from an attractive yield pick-up.
Malaysia is becoming the go-to destination for Asia bond investors like BlackRock Inc, with some looking to profit from possible signs of peak interest rates and others from an attractive yield pickup.
PRIOR to the Swiss government’s decision on the UBS Group AG-Credit Suisse Group AG merger, which led to the write-down of the latter’s CHF16 billion (RM77 billion) Additional Tier 1 (AT1) capital, or contingent convertible (CoCo) bonds, not many in Malaysia would have heard of these hybrid securities that have the characteristics of both debt and equity.