GRAPHIC-Asian bonds see foreign inflows for fifth straight month in July

[ASFN Admin]

Asian bonds recorded net foreign inflows for a fifth straight month in July, helped by expectations that the U.S. Federal Reserve's monetary tightening cycle is nearing the end as price pressures show signs of easing. Foreigners were net buyers of bonds worth $4.5 billion in Malaysia, Indonesia, South Korea, India, and Thailand, compared with about $4.2 billion worth of purchases in June, data from regulatory authorities and bond market associations showed. "Easing inflationary pressures and expectations that Asian central banks are now on hold were supportive of bond inflows into the region," said Khoon Goh, head of Asia research at ANZ.

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