Good Evening, | |||||||||||||||||||||||||||||||||||||||||||||||||||
Today’s trade recap by our trading desk:- | |||||||||||||||||||||||||||||||||||||||||||||||||||
· In the overnight market, USD bulls were halted as EUR rallies on the back of a strong German GDP number. UST yields resultantly tumbled as well, easing towards 2.34% at time of writing. Bond prices were much firmer in the market today but trades remained lackluster on the back of paper thin liquidity. Bidding interest across benchmarks remains strong nevertheless. On top of that, USDMYR saw a new year-to-date low today; at 4.1750 level. | |||||||||||||||||||||||||||||||||||||||||||||||||||
Malaysia Government Bonds Benchmark Issues
Source: BondStream, AmBank | Interest Rate Swap Closing Rates
Source: Bloomberg, AmBank |
Best regards,
Fixed Income Research & Strategy
AmBank Research, AmBank (M) Berhad
+603 2036 2292 (DL) +03 2031 7218 (Fax)
Level 15, Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur
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