'Global agencies' credit rating bump will boost M'sia's attractiveness to more investors'

An official credit rating bump from globally recognised agencies will make Malaysian bonds more attractive to a broader range of investors, said SPI Asset Management.

Its managing director Stephen Innes said with JP Morgan, a leading global financial institution, upgrading its rating on Malaysia independently to “neutral” from “underweight” after nearly six years, positive ripples are already being felt in the global bond market investment community.