FW: Fixed Income Daily Pulse - 07 December 2017

 

 

Good Evening,
Today’s trade recap by our trading desk:-
·         A very quiet day in the local bond space as trading activity tapers off before NFP number is released tomorrow. Yields were largely unchanged from the day before as traded volume was paper thin today. MYR on the other hand weakened today to 4.0880 levels in tandem with other regional currencies which weakened against the greenback as well.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 3.440 -1.5 12 5-yr 3.640 - 23 7-yr 3.925 +1.0 30 10-yr 3.970 +0.5 2 15-yr 4.440 -1.0 - 20-yr 4.645 - 4 30-yr 4.900 - - Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.645 1.0 3-yr 3.735 -0.3 5-yr 3.825 0.5 7-yr 3.930 0.5 10-yr 4.060 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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