RAM: Foreign buying of bonds in April rises to RM6.4b

RAM Rating Services said net foreign purchases of Malaysian bonds in April rose to RM6.4bil from RM5.9bil in March.

KUALA LUMPUR: Foreigners continued to purchase Malaysian bonds in April, where more than 90% went to government bonds - Malaysian Government Securities (MGS) and Malaysian Government Investment Issues (MGII).

RAM Rating Services said net foreign purchases of Malaysian bonds in April rose to RM6.4bil from RM5.9bil in March.