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Ringgit, bonds slide as KL flags RM30b shortfall

Yield on 10-year govt debt rises three basis points to 4.24%, the highest since Nov 24

Published Tue, Dec 8, 2015 · 09:50 PM
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Kuala Lumpur

MALAYSIAN bonds fell and the ringgit's three-day gain petered out after the New Straits Times cited Prime Minister Najib Razak as saying the government faced a RM30 billion (S$9.88 billion) shortfall in 2016 due to a slump in oil prices.

The decline in bonds dro…

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