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Foreign holdings of Malaysian debt securities fall


KUALA LUMPUR: Foreigners reduced their holdings of Malaysian debt securities in May after  Pakatan Harapan (PH) coalition's shock victory in the 14th General Election which Nomura Golbal Markets Research says has given rise to rising risk sentiment.

In its research note issued on Thursday, Nomura said foreign holdings of debt securities fell by US$3.3bil in May from US$52.9bil in April, led by government debt like MGS (US$1.5bil decline) and GII (US$1bil). 

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