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1MDB Bond Fates Diverge as Abu Dhabi Vow Trumps Najib Support
The fortunes of bonds in Malaysia’s troubled investment fund are diverging this month: those guaranteed by Abu Dhabi’s sovereign wealth fund have rallied, while notes with support from Malaysia’s own government have dropped. 1Malaysia Development Bhd., whose advisory board has been headed by Prime Minister Najib Razak, holds talks with…
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Click here to read the full story: Bloomberg