HALISTER1: Malaysia Inflows May Have to Wait for Rate Cut, RV Capital Says

Malaysia Inflows May Have to Wait for Rate Cut, RV Capital Says

(Bloomberg) -- Some investors could be hoping for a rate cut in Malaysia, if there is no early fiscal stimulus following the budget on October 21, Rajesh Mahadevan, head of trading strategy at RV Capital, says in interview
  • Aiming for a lower fiscal deficit is sound, yet gross Malaysia bond issuance next year won’t be that small, says Mahadevan
  • USD/MYR steady at 4.1835
  • 5-year MYR bond yield down 1 bp to 3.329%
  • Najib chases ‘ultimate’ win as supporters get budget goodies; story here
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Rajesh Mahadevan (RV Capital Management Pvt Ltd)

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