KUALA LUMPUR, June 25 ― Malaysia’s local currency bond market expanded 2.9 per cent quarter-on-quarter (q-o-q) in the first quarter of 2020 (Q1 2020) to RM1.5 trillion as both the government and corporate bonds segments grew amidst Covid-19, Asian Development Bank (ADB) said. In its latest...
Thursday, 25 Jun 2020 01:38 PM MYT
In its latest issue of Asia Bond Monitor report released today, ADB said total outstanding sukuk, or Islamic bonds, increased 3.1 per cent q-o-q to RM966.7 billion as at end-March 2020. ADB said corporate bonds accounted for 47.4 per cent of Malaysia’s total bond stock, reaching US$167.6 billion in Q1 2020.
It said local currency bonds outstanding in emerging East Asia totalled US$16.3 trillion at end-March, up 4.2 per cent from December 2019 and 14 per cent higher than in March 2019. “Government bonds outstanding rose to US$9.9 trillion at end-March, while corporate bonds reached US$6.4 trillion,” it said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia ends lower amidst growing Covid-19 cases | Malay MailKUALA LUMPUR, June 24 — Bursa Malaysia ended the day lower as some investors were reluctant to take risks following the acceleration of Covid-19 cases globally. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), however, managed to close above the crucial 1,500-point level on selective buying,...
Read more »
Trump says border wall has 'stopped everything' including Covid-19 | Malay MailYUMA, June 24 — President Donald Trump paid a visit to Arizona yesterday to mark the completion of hundreds of miles of the wall along the US-Mexico border, claiming it has 'stopped everything' including Covid-19. 'Our border has never been more secure,' said Trump, who made cracking down on...
Read more »
Australia reports first Covid-19 death in more than a month | Malay MailSYDNEY, June 24 — Australia's second most populous state today said a man in his 80s died overnight from the coronavirus, the country's first death from the virus in more than a month, as the state logged a double digit rise in cases for the eighth straight day. Victoria state reported 20...
Read more »
Indonesia’s GoJek latest app to cut jobs as Covid-19 takes toll | Malay MailJAKARTA, June 24 — Indonesian app giant GoJek said it will cut hundreds of jobs and ditch at-home massage and cleaning services as the global pandemic slashes demand for face-to-face businesses, after Singapore-based rival Grab also announced layoffs. Starting as a ride-hailing service in 2010,...
Read more »
Cameron Champ withdraws from Travelers Championship after testing positive for Covid-19 | Malay MailCROMWELL, June 24 — Cameron Champ has withdrawn from the Travellers Championship after testing positive for Covid-19 during pre-tournament screening. The US$7.4 million (RM31.6 million) event tees off tomorrow at TPC River Highlands in Cromwell, Connecticut. The two-time PGA Tour winner becomes...
Read more »
WHO director for Americas says 226,000 have died of Covid-19 in region | Malay MailBRASILIA, June 25 — Nearly half of all Covid-19 cases globally can be found in the Americas and the numbers continue to climb, the World Health Organisation's regional director for the Americas, Carissa Etienne, said yesterday. As of June 23, there have been more than 4.5 million Covid-19 cases...
Read more »