Fixed Income Foreign Flows, Dec 17: A Strong Finish to 2017
· Riding on the momentum of Ringgit strength, foreign funds net bought MYR4.1b of MGS in December pushing the foreign share of MGS higher to 45.1% in December.
· A similarly positive tone was evident in regional bond markets with IndoGB netting in USD0.4b in December.
· EM fund flows sentiment remained broadly constructive with +USD5.2b inflows to EM debts (Nov: +USD7.4b), according to estimates by the IIF.
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