KUALA LUMPUR: Foreign investors’ interest in the Malaysian bond market stayed muted in September, with a net inflow of RM908.0 million. RAM Rating Services Bhd said even so, it was still an improvement relative to the preceding month, which charted a slight net outflow of RM88.7 million. On the whole, the domestic bond market registered a net overall foreign inflow of RM6.5 billion in the third quarter (Q3) of 2019. In September, Malaysian corporate bond issuance accelerated to RM14.9 billion (August: RM4.6 billion), driven by robust issuance from the quasi-government and private sectors. It said despite the relatively muted government bond issuance in September (RM5.5 billion), full-year MGS/GII issuance remains on track towards meeting our projection of RM110 billion-RM120 billion for 2019.

Source: New Strait Times October 21, 2019 10:52 UTC