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Dear Readers,
Highlights
of the report as follow:-
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· Re-opening of 7-year
MGII maturing 7 July 2023 with an issuance size of RM3.0bn recorded a decent
book-to-cover ratio (BTC) of 2.21 times. Demand was mainly from local pension
funds, insurance and asset management companies on yield hunting. Foreign
appetite was affected by the selloff in global bond markets and the
depreciation of MYR against US dollar.
· Next tender to watch
is the re-opening of 10-year MGS 11/26 in November 2016.
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Tuesday, November 15, 2016
· Re-opening of 7-year MGII maturing 7 July 2023 with an issuance size of RM3.0bn recorded a decent book-to-cover ratio (BTC) of 2.21 times. Dema
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