04-10-2023, 11:29 AM
PETALING JAYA: Ringgit bonds drew the largest monthly inflow in over a year following bank failures and aversion to credit risk in the United States and Europe, said Maybank Investment Bank Group Research (Maybank IB Research).
In a note today, the research firm said this was due to the fact that regional local currency debts offered both yield and relative safety.
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