Malaysia's net foreign bond holdings rebound to RM5.6bil in August

KUALA LUMPUR: Malaysia’s total net foreign bond holdings rebounded to RM5.6 billion in August 2022 after two consecutive months of net outflows, as foreign appetite for emerging market bonds made a comeback in the month, says RAM Rating Services Bhd (RAM Ratings).

The credit rating agency said in August 2022, foreign investors purchased RM3.6 billion worth of Malaysian Government Securities (MGS) and Government Investment Issues (GII), RM1.9 billion Malaysian Treasury Bills and Malaysian Islamic Treasury Bills, as well as RM69.1 million of corporate bonds.