A BlackRock Investment Institute strategist said in a report that the Bank of England may cut interest rates above market prices, making the current Phnom Penh bond valuation attractive. They said, “In view of the weak economy, we have increased our holdings of the UK Treasury because we saw that the Bank of England had to lower policy interest rates more than market pricing.” According to data from LSEG Refinitiv, by the end of 2024, the Bank of England will cut interest rates by 37 basis points, and by the end of 2025, it will cut interest rates by 123 basis points.

A BlackRock Investment Institute strategist said in a report that the Bank of England may cut interest rates above market prices, making the current Phnom Penh bond valuation attractive. They said, “In view of the weak economy, we have increased our holdings of the UK Treasury because we saw that the Bank of England had to lower policy interest rates more than market pricing.” According to data from LSEG Refinitiv, by the end of 2024, the Bank of England will cut interest rates by 37 basis points, and by the end of 2025, it will cut interest rates by 123 basis points.