Malaysian bonds sold to foreigners at fastest pace in more than a year

Ringgit bolstered by bond sales to foreigners at fastest pace in more than a year .

PETALING JAYA: Foreign investors are buying Malaysian bonds at the fastest pace in more than a year, bolstering the ringgit, as their holdings of Government papers surged to all-time highs.

Nomura Research said in a report that Malaysia’s debt markets experienced inflows of RM11.5bil (vs RM1.4bil of outflows in February).