next to watch will be the MPC meeting in Sep. quite a few analysts projecting additional rate cut. rate cut is generally good as it spur additional borrowings. still have to manage the downside in the event borrowings did not increase significantly. Can monitor from bank negara's monthly bulletin. Not to forget that FTSE Russell will also review again on whether gov bond index will remain in WGBI or to be removed in Sep. tough time for bond index manager.