Largest monthly inflow into ringgit bonds in over a year

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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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