Some foreigners may exit local bond market, no major sell-off seen

However, this (foreign exit from the bond market) would, perhaps, be a temporary phenomenon given that the country

PETALING JAYA: Some foreigners could possibly exit the Malaysian bond market this week where some RM11bil worth of Malaysian Government Securities (MGS) are due to mature, no thanks to the weakening ringgit.

However, this would, perhaps, be a temporary phenomenon given that the country’s fundamentals remained intact, said OCBC Bank (M) Bhd head of global treasury Ng Seow Pang.