Malaysian bonds rise as default risk drops on 1MDB asset sales

Kuala Lumpur

MALAYSIAN bond yields fell to the lowest level since August and the cost of insuring the debt against default declined as planned sales of land and power assets by a state-owned company improved investor confidence.

1Malaysia Development Bhd is finalising the sale of a property project in...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to