Strong interest: A pedestrian walks past Bank Negara building in Kuala Lumpur. Foreign funds extended their buying of Malaysian bonds, with inflows accelerating to RM6.4bil last month from RM5.9bil in March.
WHILE relatively high dividend yields will continue to attract foreign inflows into Malaysia’s debt market in the medium term, the pace of buying by foreign investors will likely moderate in view of rising Covid-19-related downside risks.
Amid elevated levels of Covid-19 infections in the country, the government has implemented stricter measures for the third movement control order (MCO 3.0) since Tuesday.
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