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Interest rate reduced, bond price to rise further

Bank Negara Malaysia (BNM) has just reduced the overnight policy rate (OPR) by 25 basis points from 3.00% to 2.75% on 22 January 2020. This is back to the rate 9 years ago at 2011.Below is the chart of historical OPR rate over the years.In general, a reduction in interest rate will have a positive impact to...

By: ppfoong

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