FW: Fixed Income Daily Pulse - 18 December 2017

 

 

Good Evening,
Today’s trade recap by our trading desk:-
·         With Christmas exactly a week away, market started the week rather mutedly with many market players taking leave towards next year. Most trades reported were direct trades while only 2 trades were done in the market. Yields remain unchanged at most parts of the curve apart from the 3y and 15y which eased 1.5bps. MYR also traded sideways throughout the day within a tight range. Only thing market will be looking out for this week is the release of 2018’s MGS/GII auction calendar.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.375 -1.5 72 5-yr 3.640 - 30 7-yr 3.910 - 11 10-yr 3.970 - - 15-yr 4.435 -1.5 2 20-yr 4.645 - 0 30-yr 4.900 - - Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.635 -1.0 3-yr 3.742 0.2 5-yr 3.815 -0.2 7-yr 3.942 1.2 10-yr 4.070 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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