Malaysia's MGS ANG GII sees strong foreign interest in Feb with inflow of RM5bil

KUALA LUMPUR: Foreign investors remained net purchasers of Malaysian Government Securities (MGS) and Government Investment Issues (GII) for the fourth straight month in February, generating an inflow of RM5 billion, almost double the RM2.7 billion in January.

RAM Rating Services Bhd said the overall fund inflow surged to RM4.3 billion in February compared with RM498.3 million in January despite continued outflows from Malaysian Treasury Bills (MTB) and Malaysian Islamic Treasury Bills (MITB) amounting to RM316 million.