RAM Rating: Global rate hikes still some way off


“The bond market registered a robust net foreign inflow of RM6.6bil (July: outflow of RM3.6bil), mainly driven by Malaysian Government Securities (MGS) and Government Investment Issues (GII) of RM6.2bil,” the credit rating agency said in a statement yesterday.

KUALA LUMPUR: Foreign investors have charted a surprise return and turned net buyers in August despite heightened political uncertainties in Malaysia, says RAM Rating Services Bhd (RAM Ratings).

“The bond market registered a robust net foreign inflow of RM6.6bil (July: outflow of RM3.6bil), mainly driven by Malaysian Government Securities (MGS) and Government Investment Issues (GII) of RM6.2bil,” the credit rating agency said in a statement yesterday.

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