Thursday, June 30, 2016

30-year MGS auction result


  • Today’s RM2.5 billion sale of 30-year MGS in a reopening auction received decent demand with bid-to-cover ratio at 2.369 times and average yield of 4.613% within a thin spread of 4.59-4.63%. The auction levels were pretty close to WI of 4.63/58% guided before the tender closed, but wider than the 4.63/60% quoted a day prior.

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