(Bloomberg) -- Malaysia will reduce its borrowing cost at a 20-year bond sale this month to the lowest since it started selling its longest-maturity debt in 2005, a Bloomberg News survey shows.
The government will sell 2.75 billion ringgit ($804 million) of bonds due in 2027 at an auction due between May 7 and May 31, according to the median forecast of six principal dealers who must bid at treasury debt sales. The securities may be sold at a yield of 3.643 percent, the survey showed. The central bank typically announces the size and date of its sale a week in advance.
Read more at Bloomberg Bonds News
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