FW: Fixed Income Daily Pulse - 29 September 2017

 

 

Good Evening,
Today’s trade recap by our trading desk:-
·         After yesterday’s selling pressure, market has stabilized and slightly recovered today as some bargain hunters emerged and kept the benchmarks well bided. Yields eased by 1bps at the belly while the rest of the curve was unchanged while MYR also came off the highs to strengthened to 4.2230 levels.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.410 - 118 5-yr 3.585 -1.5 8 7-yr 3.845 -1.0 81 10-yr 3.935 -1.0 7 15-yr 4.350 - 4 20-yr 4.565 - 0 30-yr 4.820 - 7 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.500 -1.0 3-yr 3.615 -1.5 5-yr 3.733 -1.8 7-yr 3.840 -1.0 10-yr 3.960 -2.0 Source: Bloomberg, AmBank