KUALA LUMPUR, June 24 — Foreign interest returned to the Malaysian bond market in May after three consecutive months of net outflows totalling RM22.4 billion, RAM Rating Services Bhd (RAM Ratings) said. In its Bond Market Monthly report, RAM Ratings said this was supported by a more upbeat global...
Monday, 22 Jun 2020 05:51 PM MYT
In its Bond Market Monthly report, RAM Ratings said this was supported by a more upbeat global sentiment. It said the stimulus package is expected to widen Malaysia’s fiscal deficit to 5.8 per cent — 6.0 per cent of gross domestic product , from RAM Ratings’ previous projection of 4.8 per cent. RAM Ratings said this trend suggested that foreign buying of MGS is likely to remain dull for the rest of June.
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