Foreign inflow persisted in January despite rising global yields


KUALA LUMPUR: Foreign buying of Malaysian bonds continued into January with a net total inflows of RM3.5bil despite a surge in global yields following the US Federal Reserve’s impending interest rate hike.

RAM Rating Services Bhd (RAM Ratings) said net foreign purchases of Malaysian Government Securities (MGS) and Government Investment Issues (GII) amounted to RM4.3bil in January.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

RAM Ratings , Bond , MGS , GII

   

Next In Business News

Hibiscus Petroleum posts higher 3Q net profit of RM101.81mil
Skyworld plans RM1bil worth of projects
Pos Malaysia posts smaller 1Q loss, optimistic for 2024
PETRONAS and partners reach 'final investment decision' for block 20/11 in Angola
Sunway Healthcare Group issues first rated Sustainable Sukuk
Advancecon wins RM25.4mil infrastructure works contract from Sime Darby Property
FBM KLCI falls from three-year high on profit-taking
TNB gears up for Regulatory Period 4 with significant capex
Oil prices fall on demand fears over Fed's rates path
Philippine central bank will intervene in forex market if volatile, governor says

Others Also Read