· In the morning session, market was relatively quiet during US Presidential debate between

Good Evening,
Today’s trade recap by our trading desk:-
·         In the morning session, market was relatively quiet during US Presidential debate between Hillary Clinton and Donald Trump. Buying interests emerged after the debate finished as Clinton was seen to outperform Trump in the debate, hence improving risk sentiments. The buying momentum continued in the afternoon session with trades focused on the 3y to 7y benchmark papers. Also, today BNM announced the reopening of 20y GII 10/35 with issue size of RM 2B within market expectation. It was last seen quoted at 4.31-23 in the WI market.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 2.850 -6.0 56 5-yr 3.250 -1.0 255 7-yr 3.440 -1.5 89 10-yr 3.580 0.0 45 15-yr 3.915 0.0 21 20-yr 4.140 0.0 40 30-yr 4.460 0.0 1 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.300 -1.5 3-yr 3.335 -2.5 5-yr 3.445 -1.5 7-yr 3.560 -4.0 10-yr 3.740 -2.0 Source: Bloomberg, AmBank
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