KUALA LUMPUR: Foreign investors turned net sellers of Malaysian bonds in June, resulting in a net foreign outflow of RM497.1mil.
This effectively ended a 13-month streak of net foreign inflows, with falling demand observed since May. Shorter-tenured Bank Negara securities and Malaysian Treasury Bills (MTB)/Malaysian Islamic Treasury Bills (MITB) accounted for the bulk of the June sell-off, totalling RM1.2bil.
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