FW: Fixed Income Daily Pulse - 18 September 2017

 

 

Good Evening,
Today’s trade recap by our trading desk:-
·         A very quiet start to the week as market activity was rather muted apart from some mild selling pressure at the back end of the curve. The back end of the curve rose 1-3bps while the rest of the curve was unchanged from the end of last week. Market players mostly staying on the sidelines and focused on the outcome of this week’s FOMC policy meeting.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.330 +0.5 45 5-yr 3.500 - - 7-yr 3.780 - 80 10-yr 3.855 - - 15-yr 4.295 +1.0 - 20-yr 4.505 +1.5 1 30-yr 4.770 +3.0 33 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.485 0.5 3-yr 3.595 1.0 5-yr 3.700 0.5 7-yr 3.800 0.5 10-yr 3.930 0.0 Source: Bloomberg, AmBank