FW: Fixed Income Daily Pulse - 27 November 2017

 

 

Good Evening,
Today’s trade recap by our trading desk:-
·         A quiet start to the week as market players are still on holiday mood after Thanksgiving weekend. Lackluster activity in the market with very limited trading activities as bond prices were generally softer. As such, yields were up by 1-3bps across while MYR traded sideways at 4.1150 levels. There will the reopening auction for 5y GII tomorrow with RM3.0bio to be issued. No WI traded since announcement.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.420 +3.0 - 5-yr 3.665 +0.5 20 7-yr 3.920 - - 10-yr 3.950 - - 15-yr 4.505 +2.5 50 20-yr 4.650 +1.0 - 30-yr 4.875 -1.0 - Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.635 -2.5 3-yr 3.745 1.5 5-yr 3.825 -2.0 7-yr 3.940 -2.6 10-yr 4.060 0.0 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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