KUALA LUMPUR: Foreign fund outflow from the bond market persisted for the third consecutive month in October, albeit at a more moderate pace than in September, said RAM Rating Services Bhd (RAM Ratings).
The credit rating agency said the overall net outflow amounted to RM2.6 billion last month (September: RM4.4 billion), led by Malaysian Government Securities (MGS) and Government Investment Issues (GII) (RM1.8 billion) and Malaysian Treasury Bills (MTB) and Malaysian Islamic Treasury Bills (RM300 million).
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