Foreign holdings of bonds rise

UOB Bank, in a research note, said this will help offset continued outflows from Malaysian equities amounting to RM24.1bil.

PETALING JAYA: Foreign holdings of Malaysian government bonds (MGS and GII) increased by RM2.7bil to a four-year high of RM198.4bil in November, leading debt securities to mark the seventh month of net foreign inflows entering domestic bonds.

UOB Bank, in a research note, said this will help offset continued outflows from Malaysian equities amounting to RM24.1bil.