Monday, July 2, 2007

Malaysian Bonds Will Gain This Year on Currency Bets, RHB Research Says

(Bloomberg) -- Malaysian government bonds will
extend gains this year as overseas funds buy them on speculation
the currency will strengthen, said RHB Research Institute.

Investors should purchase 10-year bonds as they will return
more than shorter-dated securities as the so-called yield curve
flattens, said Ray Choy, head of debt market research at the
institute, a unit of RHB Capital Bhd, the nation's fourth-
largest banking group said.


Read more at Bloomberg Currencies News

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