Ringgit bonds draw interest

RAM Rating Services Bhd said the sustained foreign demand was underpinned by the purchase of Malaysian Government Securities and Government Investment Issue among foreign banks

KUALA LUMPUR: Net foreign purchases of ringgit bonds sustained a healthy RM3.7bil in January 2021 compared with RM3.6bil in December 2020, extending the inflow for the ninth consecutive month.

RAM Rating Services Bhd said the sustained foreign demand was underpinned by the purchase of Malaysian Government Securities and Government Investment Issue among foreign banks. — Bernama