Monday 17 October 2016

Strong Buy Signal

Ahead of the budget for Malaysia's 10 year government bonds, data obtained from investing.com show.
The 10 year tenure government securities, have a yield of 3.63 per cent, against its coupon rate of 3.9 per cent.
The yields are down by some 12 per cent over a 52 week period, as the risk in investing in MALAYSIA abates.
Elsewhere, the Ringgit holds stubbornly at RM3.21 against the dollar and RM3.64 against the EURO.
Bursa Malaysia, up slightly, but the market is seen heading nowhere a head of the budget.