PETALING JAYA: Foreigners have sold RM21.71bil worth of government bonds in the last three months, reducing their share of holding in the debt papers to 28.7% as of end February from a peak of 34.7% last year.
According to Bank Negara, 70% of the debt papers that were sold by foreigners have less than three years to mature and the bulk of them will expire in less than a year.
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