Today’s
trade recap by our trading desk:-
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· In the local bond market, there was some buying flows
on the back end of the MGS curve with the yields dropping by 0.5-3 bps while
the trading activities on the short to belly of the curve was pretty much
muted. There was more trading actions in the GII space with trade focused on
7y and above as some yield hunters were looking for papers with yield
pick-up. Malaysia GDP figure was released during lunchtime with the 4th
Qtr 2016 showing better than market forecast at +4.5% against +4.4%; while
the GDP for the year 2016 was as expected at +4.2%. Ringgit closed slightly
weaker at 4.4550.
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Malaysia
Government Bonds Benchmark Issues
Source:
BondStream, AmBank
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Interest
Rate Swap Closing Rates
Source:
Bloomberg, AmBank
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Friday, February 17, 2017
· In the local bond market, there was some buying flows on the back end of the MGS c
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