Dear Readers,
Highlights
of the report as follow:-
|
· New issue of 3.5-year
MGII maturing 15 April 2020 with an issuance size of RM3.5bn recorded lower
book-to-cover ratio (BTC) of 2.07 times compared to average YTD’s BTC of 2.25
times. Demand was mainly from local pension funds, insurance and asset management
companies. Foreign appetite was affected by the resurgence of US dollar
strength and recent sell-off across global bond markets.
· Next tender to watch
is the re-opening of 10-year MGII 09/26 in October 2016.
|
Thursday, October 6, 2016
New issue of 3.5-year MGII maturing 15 April 2020 with an issuance size of RM3.5bn recorded lower book-to-cover ratio (BTC) of 2.07 times compared to average YTD’s BTC of
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