Q What state is the Malaysian bond market in at the moment
A There has been an increase in corporate bonds in both the public and private sectors. In the public sector we are looking at some debt re-financing and as a result issuance has increased tremendously.
In the private sector, the bond market has in a way experienced a second boom following the crisis. In the early 90s, issuance was growing and the appetite for long-term bonds was picking up, particularly where the banking sector was not able to provide funding for projects longer than five years.
After the crisis, were now seeing things pick up again because the banks have not...
