FW: Fixed Income Daily Pulse - 28 May 2018

 

 

Apologies for the delay.

Good Morning ,
Monday’s trade recap by our trading desk:-
It was a muted day in the local bond market on Monday as there was no fresh catalyst dictating the markets’ direction while traders are seen staying on the sidelines as the market took a break for Wesak holiday and will resume with a 5y GII auction today. WI was seen quoting at 3.95-4.10. MGS/GII yields remained largely unchanged while Ringgit closed on Monday flat around 3.9815 level.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.760 - 2 5-yr 3.880 - - 7-yr 4.060 - - 10-yr 4.250 - - 15-yr 4.650 - 10 20-yr 4.925 - - 30-yr 5.000 - - Source: BondStream, AmBank *Closing levels are based on traders’ quotes.	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.750 -0.5 3-yr 3.830 -1.0 5-yr 3.930 -1.0 7-yr 4.025 -1.0 10-yr 4.165 - Source: Bloomberg, AmBank

 

Best regards,

Fixed Income Research & Strategy

AmBank Research, AmBank (M) Berhad

+603 2036 2255 (DL) +03 2031 7218 (Fax)

Level 15, Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur

 

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