Tuesday, November 8, 2016

· Foreign holdings of total local debts increased by RM2.4billion to RM240.9 billion (20.8% of total local debt outstanding) in October. Percent


Dear Readers,

Highlights of the report as follow:-

·         Foreign holdings of total local debts increased by RM2.4billion to RM240.9 billion (20.8% of total local debt outstanding) in October. Percentage of foreign shareholding of MGS touched new high of 51.9% in October (51.3% in September).
·         Aided by the inclusion of 7- and 10-year MGII into JP Morgan’s GBI-EM Global Diversified bond index, there was a shift in foreign buying that pushed the value of foreign shareholding of MGII to RM30.3 billion in October – its highest holdings since January 2006 (12.6% of total MGII outstanding).

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