Foreigners chase Malaysian bonds as war hits emerging markets

Marcus Wong / Bloomberg04-02

Global funds bought over US$2 billion in Malaysian corporate and sovereign bonds as of March 19, marking the highest inflow in 10 months, according to the latest data from Bank Negara Malaysia (BNM).(...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2624502088?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-02 02:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2624502088","market":"nz","top_or_hot":-1,"title":"Foreigners chase Malaysian bonds as war hits emerging markets","media":"Marcus Wong / Bloomberg","content":"<div>\n<p>Global funds bought over US$2 billion in Malaysian corporate and sovereign bonds as of March 19, marking the highest inflow in 10 months, according to the latest data from Bank Negara Malaysia (BNM).(...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/malaysia/foreigners-chase-malaysian-bonds-war-hits-emerging-markets?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Foreigners chase Malaysian bonds as war hits emerging markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForeigners chase Malaysian bonds as war hits emerging markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-02 02:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/malaysia/foreigners-chase-malaysian-bonds-war-hits-emerging-markets?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Marcus Wong / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Global funds bought over US$2 billion in Malaysian corporate and sovereign bonds as of March 19, marking the highest inflow in 10 months, according to the latest data from Bank Negara Malaysia (BNM).(...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/malaysia/foreigners-chase-malaysian-bonds-war-hits-emerging-markets?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.theedgesingapore.com/news/malaysia/foreigners-chase-malaysian-bonds-war-hits-emerging-markets?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2624502088","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/malaysia/foreigners-chase-malaysian-bonds-war-hits-emerging-markets?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2624502088","pubTimestamp":1775067096,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Global funds bought over US$2 billion in Malaysian corporate and sovereign bonds as of March 19, marking the highest inflow in 10 months, according to the latest data from Bank Negara Malaysia (BNM).","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","VWO":"MSCI新兴市场ETF-Vanguard","BK4534":"瑞士信贷持仓","EDC":"三倍做多MSCI新兴市场ETF-Direxion","BK4581":"高盛持仓","EEM":"新兴市场ETF-iShares MSCI","BK4504":"桥水持仓"},"translate_title":"随着战争袭击新兴市场，外国人追逐马来西亚债券","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VWO":1.5,"EEM":1.5,"EDC":1.5},"content_text":"Global funds bought over US$2 billion in Malaysian corporate and sovereign bonds as of March 19, marking the highest inflow in 10 months, according to the latest data from Bank Negara Malaysia (BNM).(April 2): Global investors are pouring money into Malaysian bonds as the Iran conflict drives oil prices higher, bolstering the outlook for the energy-exporting nation while rattling other emerging-market peers.\nGlobal funds bought over US$2 billion in Malaysian corporate and sovereign bonds as of March 19, marking the highest inflow in 10 months, according to the latest data from Bank Negara Malaysia (BNM). By contrast, debt markets in Thailand and Indonesia experienced capital outflows last month.\nOutflows from some of Southeast Asia’s bonds reflect a broader retreat from the emerging markets. Global emerging-market exchange-traded bond funds recorded a cumulative exodus of nearly US$1 billion in the month through March 27, according to data compiled by Bloomberg.\nMalaysia’s decoupling stems from a projected oil-revenue windfall that cushions the economy while rising crude prices from the Iran war pressure finances of other nations. The fiscal support also anchors inflation, buoying Malaysian sovereign bonds and the ringgit as regional peers struggle.\n\n“Malaysia’s bond market continues to attract foreign demand due to its macro stability, a firmer ringgit relative to Asean peers and fiscal consolidation,” said Peerampa Janjumratsang, a portfolio manager for fixed income at M&G Investments in Singapore. \nShe expects Malaysian bonds to remain relatively stable during the Iran conflict and maintains an overweight position.\nA recent Bloomberg study of five energy shocks since 2022 — ranging from the start of the Ukraine war to the latest Middle East conflict — ranks Malaysian bonds as one of the most resilient in emerging Asia.\nThat performance is underpinned by Malaysia’s commitment to protect local consumers from rising oil prices. \nThe government signalled it will maintain subsidised fuel prices, despite a reduction in the monthly quota. The move contrasts with Thailand’s recent diesel subsidy cuts and a national energy emergency declaration in the Philippines.\nMalaysia’s fiscal consolidation and expectations of larger oil-related revenue give room for the government to provide support and subsidies against these energy related shocks, M&G’s Peerampa said.\nMeanwhile, expectations for BNM to stay neutral while hawkish bets build in the region are also supporting local bonds. That’s because BNM expects inflation to remain moderate between 1.5% and 2.5% this year.\nRinggit interest-rate swaps price policy rates to remain unchanged for the next 12 months. In contrast, won and baht swaps indicate between one to four 25-basis point rate hikes during the same period, while Philippine peso swaps price a quarter-point increase within three months.\n“Domestic inflation is cushioned by fuel subsidies, and BNM is likely to look past cost-push pressures in the absence of accompanying demand-pull dynamics,” Winson Phoon, head of fixed‑income research at Maybank Securities, wrote in a note.\nThe bank raised its forecast for Malaysian bonds to “mildly bullish”.\nUploaded by Liza Shireen Koshy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2624502088","isCrawlerRequest":true}