Jul 17 2013, 10:36 PM
BNM has released about 24b liquidity for the past 5 month (how much? half of the cost of total MRT line 1+2+circle combined!) to stabilize the market. It is not even include month of June onward where the higher pressure start to take place around the world, that's the time MGS start to raise by over 25bps and no sign of slowing which force an even more actively intervention past few weeks.
accetera though high deposit is sign of high liquidity. (cant believe he said can so). The reason for high deposit is the require ratio is out of balance due to liquidity squeeze!! (ie. outstanding bill, deposit FI...)
High MGS yield was only seen pre 2008 period and it has come back for real! Personally I think the upward trajectory is quite significant.
QUOTE(AVFAN @ Jul 17 2013, 10:12 PM)
this is impt...
ad, what was the mgs yield last week, last month, last year? tq.
30mil popn... 23 mil regulars + 5mil indons-banglas-myanmaris in peninsula, 2 mil in sabah sarwak.
wow, tens of millions of houses and condo to sell!
ad, what was the mgs yield last week, last month, last year? tq.
30mil popn... 23 mil regulars + 5mil indons-banglas-myanmaris in peninsula, 2 mil in sabah sarwak.
wow, tens of millions of houses and condo to sell!
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