Malaysian Rating Corp Bhd (MARC) said the net foreign inflow into the local bond market in May suggests that Malaysia continues to remain on investors’ radar.
PETALING JAYA: The month of May saw foreign investors returning to become net buyers of local bonds. Net foreign inflows came in at RM1.5bil, compared with RM2bil in April.
As a result, total foreign holdings rose to RM187.3bil (12.2% of the total outstanding), from RM185.8bil (12.1%) previously.
Malaysian government securities (MGS) saw the largest foreign inflows, with the flows largely concentrated in tenures at the front-end of the yield curve. As of end-May, foreign holdings of MGS stood at RM150.5bil up 1.3% from April’s RM148.6bil.
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