FW: Fixed Income Daily Pulse - 24 October 2017

 

 

Good Evening,
Today’s trade recap by our trading desk:-
·         After yesterday’s selling pressure in the market, it stabilized today and traded sideways. Yields were up slightly by 1 bps on the front end of the curve to the belly while traded volume was paper thin. MYR also traded sideways throughout the day with low liquidity. The 30Y MGS reopening auction was announced today, RM2.0bio to be auction with RM0.5bio privately placed. WI was quoted wide 4.95-75% with nothing done.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.490 +1.0 35 5-yr 3.705 +1.0 49 7-yr 3.975 +1.0 - 10-yr 3.985 - 9 15-yr 4.400 - - 20-yr 4.580 - - 30-yr 4.845 - - Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.520 0.0 3-yr 3.650 0.5 5-yr 3.795 0.5 7-yr 3.925 0.5 10-yr 4.040 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

 

****************************************************************************************************************************************************************************************************************************************************************************************************************

DISCLAIMER:

This message may contain confidential and privileged information for its intended recipient(s) only. If you are not an intended recipient, you are hereby notified that any review, dissemination, and distribution, printing or copying of this message or any part thereof is strictly prohibited. Please delete the entire message and inform the sender of the error. Any opinions, conclusions and other information in this message that are unrelated to official business of AmBank Group are those of the individual sender and shall be understood as neither explicitly given nor endorsed by AmBank Group.

****************************************************************************************************************************************************************************************************************************************************************************************************************