No need for M'sia to resort to unconventional monetary policy - BNM

Malaysia does not have to resort to an unconventional monetary policy as the country's deep bond market and diverse set of institutional investors are enough in absorbing a higher bond supply, said Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus.

She said although the Malaysian Government Securities (MGS) are on an increasing trend, the bond market has recorded a healthy bid-to-cover ratio.