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01-10-2015, 12:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
About 11 billion ringgit (S$3.6 billion) worth of government bonds are due to mature on Wednesday and foreigners, who own on average 45 per cent of outstanding bonds, are seen likely to pull their cash out rather than re-invest it in Malaysian debt.
A widening political scandal and tumbling currency have steadily taken their toll on investor sentiment towards the Southeast Asian economy, unnerving its emerging Asian neighbours despite the central bank's efforts to contain the damage.
http://www.businesstimes.com.sg/gove...n-worries-grow (http://www.businesstimes.com.sg/government-economy/malaysia-faces-another-bond-litmus-test-as-contagion-worries-grow)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?217416-investors-fleeing-malaysia&goto=newpost).
About 11 billion ringgit (S$3.6 billion) worth of government bonds are due to mature on Wednesday and foreigners, who own on average 45 per cent of outstanding bonds, are seen likely to pull their cash out rather than re-invest it in Malaysian debt.
A widening political scandal and tumbling currency have steadily taken their toll on investor sentiment towards the Southeast Asian economy, unnerving its emerging Asian neighbours despite the central bank's efforts to contain the damage.
http://www.businesstimes.com.sg/gove...n-worries-grow (http://www.businesstimes.com.sg/government-economy/malaysia-faces-another-bond-litmus-test-as-contagion-worries-grow)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?217416-investors-fleeing-malaysia&goto=newpost).