Malaysian yields down

31 May, 2009

Malaysian bond yields were lower on Friday, with the benchmark five-year bond down 7 bps to 3.57 percent, on bargain-hunting after a recent selloff, traders said. "There is still some value on the five-year bond," the trader said. "Even at 3.5 percent, it's still attractive." The five-year bond yield rose to 3.9 percent recently, as investors dumped the debt on supply concerns.

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