· In the GG/AAA segment, Khazanah Nasional ‘03/20 closed 3 bps lower with yields of 3.99% while recording RM225 million in trading vol

Today’s trade recap by our trading desk:-
·         In the GG/AAA segment, Khazanah Nasional ‘03/20 closed 3 bps lower with yields of 3.99% while recording RM225 million in trading volume. Meanwhile, 2024-2027 Projek Lebuhraya Usahasama tranches yields remained unchanged or closed lower at 4.03%-4.51% with a total trading volume of RM110 million recorded. In the AA segment, Sarawak Energy ‘07/124 and ‘01/27 garnered a collective trading volume of RM77 million with yields of 4.51% and 4.20% respectively. BGSM Management ‘12/19 and ‘12/22 yields closed lower at 4.62% and 4.87% respectively with a total of RM250 million trading volume recorded.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.330 -1.5 232 5-yr 3.710 +2.0 3 7-yr 3.905 +1.0 109 10-yr 4.050 0.0 80 15-yr 4.490 -1.0 144 20-yr 4.620 0.0 3 30-yr 4.770 0.0 110 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.495 0.0 3-yr 3.625 1.3 5-yr 3.778 0.2 7-yr 3.895 0.5 10-yr 4.060 0.5 Source: Bloomberg, AmBank