Malaysia could see outflows of almost $8 bln if bonds downgraded by FTSE: Morgan Stanley


LONDON, April 17 (Reuters) - Malaysia could see outflows of almost $8 billion if its bonds are downgraded by global index provider FTSE Russell, Morgan Stanley said in a research note.

FTSE said on Monday that it would review Malaysia's market accessibility level in its World Government Bond Index (WGBI) due to concerns about market liquidity.

Malaysia, currently assigned a '2' and included in the WGBI since 2004, was being considered for a potential downgrade to '1', making it ineligible for inclusion, FTSE said.

This article appears in: Fundamental Analysis , Stocks , World Markets , Bonds
Referenced Symbols: MS

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