· It has been a quiet day with very little traded in the market. However, we still see buying

Today’s trade recap by our trading desk:-
·         It has been a quiet day with very little traded in the market. However, we still see buying demands on the long ends in both MGS and GII space while liquidity is thin. Yields was largely unchanged for the day. Many on the street are waiting to see what Yellen has to say at the Jackson Hole Economic Symposium tonight.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 2.880 0.0 10 5-yr 3.140 0.0 35 7-yr 3.435 +1.5 110 10-yr 3.560 0.0 222 15-yr 3.875 -0.5 90 20-yr 4.125 -0.5 245 30-yr 4.430 0.0 19 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.295 0.5 3-yr 3.320 0.5 5-yr 3.425 0.5 7-yr 3.555 0.0 10-yr 3.705 0.0 Source: Bloomberg, AmBank
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