Publication:
Malaysia : Bond Market Development

dc.contributor.authorInternational Monetary Fund
dc.contributor.authorWorld Bank
dc.date.accessioned2014-01-30T15:11:11Z
dc.date.available2014-01-30T15:11:11Z
dc.date.issued2013-01
dc.description.abstractThis paper pertains to the bond market development in Malaysia, and provides an overview of the market scenario in the country. Malaysia has been successful in developing the capital markets, particularly bond markets, in the recent past. Now, it faces the challenge of how to improve broader access and efficiency of the bond market. A high degree of investor concentration, dominated by government pension funds, plays a significant role in impeding the growth of higher-yield bond market. The role of the government in stimulating the growth of the bond markets should be now shifted toward encouraging more diversity. In order to promote risk diversity, significant measures should be taken to increase competition on the demand side. Another important challenge for the bond markets going forward is improving transparency to make them more attractive to a broader constituency. To improve liquidity and transparency, the authorities should encourage the establishment of open, independent electronic platforms that integrate price search, negotiation, and trading of bonds. It is felt that while Malaysia has seen success in the bond markets, there is scope for further improvement.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/01/18639187/malaysia-bond-market-development-technical-note
dc.identifier.doi10.1596/16713
dc.identifier.urihttps://hdl.handle.net/10986/16713
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CAPITAL
dc.subjectACCESS TO INFORMATION
dc.subjectASSET BASE
dc.subjectASSET CLASS
dc.subjectASSET CLASSES
dc.subjectASSET MANAGEMENT
dc.subjectASSET MANAGERS
dc.subjectBACKED SECURITIES
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK BRANCHES
dc.subjectBANKING INSTITUTION
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBID
dc.subjectBOND
dc.subjectBOND FUNDS
dc.subjectBOND INSTRUMENTS
dc.subjectBOND INVESTMENTS
dc.subjectBOND ISSUANCE
dc.subjectBOND ISSUES
dc.subjectBOND MARKET
dc.subjectBOND MARKET ACCESS
dc.subjectBOND MARKET DEVELOPMENT
dc.subjectBOND MARKETS
dc.subjectBOND PRICE
dc.subjectBOND TRADING
dc.subjectBOND YIELD
dc.subjectBRANCH NETWORKS
dc.subjectBROKER
dc.subjectBROKERS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCASH FLOWS
dc.subjectCOLLATERAL
dc.subjectCONTINGENT LIABILITIES
dc.subjectCORPORATE BOND
dc.subjectCORPORATE BOND MARKET
dc.subjectCORPORATE BONDS
dc.subjectCORPORATE DEFAULT
dc.subjectCORPORATE GOVERNANCE
dc.subjectCOUPON
dc.subjectCREDIT GUARANTEE
dc.subjectCREDIT LINE
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCREDIT RISK
dc.subjectCREDIT RISKS
dc.subjectDEBT INSTRUMENTS
dc.subjectDEBT ISSUER
dc.subjectDEBT MARKET
dc.subjectDEBT SECURITIES
dc.subjectDEBT SECURITIES MARKET
dc.subjectDEBTORS
dc.subjectDEFAULT RATE
dc.subjectDEFAULTS
dc.subjectDEPOSITORY INSTITUTION
dc.subjectDEPOSITORY INSTITUTIONS
dc.subjectDEPOSITORY SYSTEMS
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT OF DOMESTIC BOND
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC CREDIT RATING
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKETS
dc.subjectEQUITIES
dc.subjectEQUITY FUNDS
dc.subjectEQUITY INSTRUMENTS
dc.subjectEQUITY INVESTMENTS
dc.subjectEQUITY MARKET
dc.subjectEQUITY MARKETS
dc.subjectEXTERNAL CREDIT RATINGS
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL SECTOR INTERMEDIARIES
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME INVESTMENTS
dc.subjectFIXED INCOME MARKET
dc.subjectFIXED INCOME MARKETS
dc.subjectFIXED INCOME PORTFOLIOS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTOR
dc.subjectFOREIGN INVESTORS
dc.subjectFUND MANAGEMENT
dc.subjectFUND MANAGERS
dc.subjectFUTURE CASH FLOWS
dc.subjectGOVERNANCE STANDARDS
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BOND MARKET
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT DEBT SECURITIES
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGOVERNMENT SECURITIES
dc.subjectHIGH-YIELD DEBT
dc.subjectHOLDINGS
dc.subjectHOUSING FINANCE
dc.subjectILLIQUID SECURITIES
dc.subjectIMPLICIT GOVERNMENT GUARANTEES
dc.subjectINCOME INSTRUMENTS
dc.subjectINDIVIDUAL INVESTORS
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE INDUSTRY
dc.subjectINSURANCE PRODUCTS
dc.subjectINTERNATIONAL BANK
dc.subjectINVESTING
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT OPPORTUNITY
dc.subjectINVESTMENT PORTFOLIO
dc.subjectINVESTMENTS IN EQUITIES
dc.subjectINVESTOR BASE
dc.subjectINVESTOR INTEREST
dc.subjectISLAMIC BOND
dc.subjectISLAMIC CAPITAL
dc.subjectISLAMIC CAPITAL MARKET
dc.subjectISLAMIC FINANCE
dc.subjectISLAMIC FINANCIAL INSTITUTIONS
dc.subjectISSUANCE
dc.subjectISSUANCE OF BONDS
dc.subjectISSUANCES
dc.subjectLEVEL PLAYING FIELD
dc.subjectLIABILITY
dc.subjectLIFE INSURANCE
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY PROBLEMS
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM INVESTMENT
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET EFFICIENCY
dc.subjectMARKET INFRASTRUCTURE
dc.subjectMARKET INTERMEDIARIES
dc.subjectMARKET LIQUIDITY
dc.subjectMARKET MAKER
dc.subjectMARKET MAKERS
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET RISK
dc.subjectMARKET SHARE
dc.subjectMARKET STRUCTURE
dc.subjectMARKET SUPERVISION
dc.subjectMARKET TRANSPARENCY
dc.subjectMATURITY
dc.subjectMONETARY FUND
dc.subjectMONEY MARKET
dc.subjectMONEY MARKET INSTRUMENTS
dc.subjectMONEY-MARKET
dc.subjectMORTGAGE LOANS
dc.subjectMUTUAL FUND
dc.subjectMUTUAL FUND INDUSTRY
dc.subjectMUTUAL FUND MANAGERS
dc.subjectMUTUAL FUNDS
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPARTIAL GUARANTEE
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPENSION FUNDS
dc.subjectPENSIONS
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO HOLDING
dc.subjectPRICE DISCOVERY
dc.subjectPRIMARY MARKET
dc.subjectPRINCIPAL ASSET
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE DEBT
dc.subjectPRIVATE DEBT MARKET
dc.subjectPRIVATE EQUITIES
dc.subjectPRIVATE PLACEMENT
dc.subjectPROPERTY INVESTMENTS
dc.subjectPUBLIC BANK
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT SECURITIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESERVES
dc.subjectRESIDENTIAL MORTGAGE
dc.subjectRETAIL INVESTOR
dc.subjectRETAIL INVESTORS
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK AVERSION
dc.subjectRISK MANAGEMENT
dc.subjectRISK OF DEFAULT
dc.subjectRISK PROFILE
dc.subjectRISK PROFILES
dc.subjectSAVINGS RATE
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKETS
dc.subjectSECURITIES INDUSTRY
dc.subjectSECURITIES ISSUANCE
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT SYSTEM
dc.subjectSOVEREIGN RISK
dc.subjectSUBORDINATED BONDS
dc.subjectSUKUK
dc.subjectT-BILLS
dc.subjectTAX
dc.subjectTAX DEDUCTIONS
dc.subjectTAX EXEMPTION
dc.subjectTAX INCENTIVE
dc.subjectTAX INCENTIVES
dc.subjectTAX TREATMENT
dc.subjectTELECOMMUNICATIONS
dc.subjectTRADING
dc.subjectTRADING VENUE
dc.subjectTRANCHES
dc.subjectTRANSPARENCY
dc.subjectTREASURIES
dc.subjectTREASURY
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectTYPE OF INVESTORS
dc.subjectVALUATION
dc.subjectWITHDRAWAL
dc.titleMalaysia : Bond Market Developmenten
dspace.entity.typePublication
okr.date.disclosure2013-12-12
okr.date.doiregistration2025-05-07T10:37:20.787014Z
okr.doctypeEconomic & Sector Work::Financial Sector Assessment Program (FSAP)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2013/01/18639187/malaysia-bond-market-development-technical-note
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid687581468278933044
okr.identifier.externaldocumentum000461832_20131212151908
okr.identifier.internaldocumentum18639187
okr.identifier.report83279
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/12/12/000461832_20131212151908/Rendered/PDF/832790FSAP0P120Box0382083B00PUBLIC0.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMalaysia
okr.sectorFinance :: General finance sector
okr.themeFinancial and private sector development::Regulation and competition policy
okr.themeFinancial and private sector development::Standards and financial reporting
okr.themeFinancial and private sector development::Other financial and private sector development
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicFinance and Financial Sector Development::Deposit Insurance
okr.topicFinance and Financial Sector Development::Mutual Funds
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitFinancial Sector Assessment Prog (FFSFP)
okr.volume1 of 1
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