“Foreign buying of MGS/GII (Malaysian Government Securities/Government Investment Issue) is likely to continue following the recent change in the US Federal Reserve’s policy framework, which indicates a strong commitment to maintaining a dovish stance, ” it said.
KUALA LUMPUR: Malaysia's bond market achieved its fourth consecutive month of net foreign inflows in August at RM3bil, spurred by investors’ continued hunt for yields, RAM Rating Services said.
It said in a statement on Tuesday the net inflow was also due to the increasing weight of Malaysian government bonds in the JPMorgan Government Bond Index-Emerging Market (GBI-EM).
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