Year-to-date, cumulative net foreign inflows into the local bond market amounted to RM25bil (Jan-Apr 2020: -RM17.4bil), surpassing total foreign inflows in 2020 which amounted to RM18.3bil.
KUALA LUMPUR: Malaysian Government Securities’ (MGS) yield curve for the 4y30y curve surged between 1bp to 15bps month-on-month (m-o-m) by end May due to a full nationwide lockdown which was announced on May 28.
The Malaysian Rating Corporation (MARC) said on Wednesday the long-term yield curve was also impacted by the surge in Covid-19 infections and raised expectations of further fiscal stimulus.
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