Malaysia retains its 2 rating for market accessibility, staving off a potential multi-billion ringgit outflow from its domestic bond market that comes with a downgrade and exclusion from the FTSE Russell’s World Government Bond Index. – The Malaysian Insight file pic, March 30, 2021.
MALAYSIA will remain on the FTSE Russell’s World Government Bond Index after it is taken off the global index provider’s watch list for reclassification of its market accessibility level from 2 to 1. Analysts had previously projected a multi-billion ringgit outflow from the domestic bond market if Malaysia were to be dropped from the WGBI.
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Source: News Formal (newsformal.com)
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