The buying was driven by investors’ hunt for yields and the higher weight accorded to MGS/GII in the JPMorgan Government Bond Index-Emerging Market (GBI-EM).
KUALA LUMPUR: Foreign buying of Malaysian government securities (MGS/GII) continued for the fifth consecutive month in September (+RM1.1bil), RAM Rating Services Bhd said.
It said on Wednesday the buying was driven by investors’ hunt for yields and the higher weight accorded to MGS/GII in the JPMorgan Government Bond Index-Emerging Market (GBI-EM).
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