Factors that affect bond market development in Malaysia / Mohamed Amirul Jamaluddin

The study aim to investigate the factors that affect the Bond market Development in Malaysia. In this study, the entire bond market in Malaysia was covered. The independent variables for this study are exchange rate, the development stage of economic using GDP per capita and size of banking system....

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Bibliographic Details
Main Author: Jamaluddin, Mohamed Amirul
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/93088/1/93088.pdf
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Summary:The study aim to investigate the factors that affect the Bond market Development in Malaysia. In this study, the entire bond market in Malaysia was covered. The independent variables for this study are exchange rate, the development stage of economic using GDP per capita and size of banking system. Bond market development is the dependent variable in this study and the bond market development is measured using size of local currency of bond market. Secondary data was used the factors to influence development of the bond market. This study used time series data in order to get the findings where the data is collected for 16 years (year 2000 until 2015). The data for this study is obtained from WorldBank Data and AsianBonds Online. The data also analysed by using Eviews to do descriptive analysis, normality test, correlation analysis, multiple regression analysis and test on assumption in order to interpret the significance of the relationship. The expected results show that exchange rate have negative relationship with bond market development and size of banking system and the development stage of economic using GDP per capita have positive relationship with bond market development.