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Monday, June 30, 2008

Business, Economic & Finance: Volatile bond market affects issuance timing

"KUALA LUMPUR: The volatility in swap and bond market has caused Malayan Banking Bhd (Maybank) to reconsider the timing of its bonds issuance, a move that other financial institutions may follow."

The bond market is in for a rough ride. The yield curves are all going north and until there is stability in the economy and the political scenario, volatility will persist.

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