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Updated · Bloomberg · May 7Foreign central banks and governments raise Malaysian bond holdings to record 36%
2 articles · Updated · Bloomberg · May 7
- Bank Negara Malaysia data showed the share reached 36% in March, up from 29.4% a year earlier.
- The increase highlights Malaysia's rising appeal as a reserve asset amid global volatility and stronger demand for its sovereign debt.
- Malaysian bonds returned nearly 12% to dollar-based investors over the past year, outperforming all emerging-market peers in Asia.
Is Malaysia's bond market boom a sign of a true safe haven or a prelude to a future capital flight crisis? Can Malaysia convert its bond market success into lasting leadership in the global AI and semiconductor race?