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ASIAN BONDS

Global funds cut Malaysian debt holdings by 1.5% in May

Kuala Lumpur

OVERSEAS ownership of Malaysian debt securities fell by the most in nine months in May as a decline in the ringgit damped the appeal of the country's assets.

Global funds cut holdings of Malaysian bonds and bills by 1.5 per cent to RM229.5 billion (S$76.7 billion) from

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