Foreign investors’ appetite for Malaysian Government bonds may be somewhat dampened in the coming months with the risk of a US rate hike more apparent now.
This fact was reinforced after Federal Reserve chairman Janet Yellen testified to the US Congress that interest rates were still on track to be raised later this year.
Foreigners hold nearly a third or RM176.6bil of all Malaysian Government Securities (MGS) and Government Investment Issues (GII - government bonds issued under syariah requirements) issued as of June, up from 29.2% in December.
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This fact was reinforced after Federal Reserve chairman Janet Yellen testified to the US Congress that interest rates were still on track to be raised later this year.
Foreigners hold nearly a third or RM176.6bil of all Malaysian Government Securities (MGS) and Government Investment Issues (GII - government bonds issued under syariah requirements) issued as of June, up from 29.2% in December.
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
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