PETALING JAYA: The risk of Malaysia being excluded from the World Government Bond Index (WGBI) is lower now after Bank Negara’s initiatives and engagements to address investor concerns, RAM Ratings says.
However, the possibility of an exclusion from the WGBI still cannot be completely discounted because Malaysia remains on the FTSE Russell’s watchlist for a potential downgrade, the rating agency said in a statement yesterday.
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