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RAM: Malaysian Govt Securities, Govt Investment Issues see strong foreign interest in Feb with inflow of RM5b

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KUALA LUMPUR, March 20 — Foreign investors remained net purchasers of Malaysian Government Securities (MGS) and Government Investment Issues (GII) for the fourth straight month...

KUALA LUMPUR, March 20 — Foreign investors remained net purchasers of Malaysian Government Securities and Government Investment Issues for the fourth straight month in February, generating an inflow of RM5 billion, almost double the RM2.7 billion in January.

“However, yields fell abruptly in March after market confidence was roiled by the sudden collapse of Silicon Valley Bank and subsequent shutdown of Signature Bank in the United States ,” it said in a statement today.

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