· Market activity picked up today after a quiet few days ahead of “Super Thursday” events

Today’s trade recap by our trading desk:-
·         Market activity picked up today after a quiet few days ahead of “Super Thursday” events tomorrow (UK elections, Comey’s testimony to Senate & ECB meeting). Foreign driven buying flows on the back end of the curve today saw prices firmer across. Trading activity was particularly focused in the 7Y space and 15Y-20Y MGS as yields eased by 1-3.5bps from the belly to the back end of the curve.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.290 - 3 5-yr 3.560 - 40 7-yr 3.820 -1.0 19 10-yr 3.875 -0.5 15 15-yr 4.320 -0.5 4 20-yr 4.540 -3.5 - 30-yr 4.770 - 29 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.510 0.0 3-yr 3.620 0.4 5-yr 3.695 -0.5 7-yr 3.800 0.0 10-yr 3.960 1.0 Source: Bloomberg, AmBank