· A rather muted start to the week with very little trading done in the market. Prices were

Today’s trade recap by our trading desk:-
·         A rather muted start to the week with very little trading done in the market. Prices were pretty much at the same level where Friday closed with yields unchanged. This is all despite MYR was much stronger today and traded below 4.3100 for the first time since Nov 2016 on the back of continuous USD weakness.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.330 - 8 5-yr 3.560 - 12 7-yr 3.820 +2.0 3 10-yr 3.880 - 73 15-yr 4.370 - 1 20-yr 4.620 - 11 30-yr 4.765 -0.5 2 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.513 -0.2 3-yr 3.630 1.5 5-yr 3.730 1.0 7-yr 3.815 -0.5 10-yr 3.980 1.0 Source: Bloomberg, AmBank