Good Evening, | |||||||||||||||||||||||||||||||||||||||||||||||||||
Today’s trade recap by our trading desk:- | |||||||||||||||||||||||||||||||||||||||||||||||||||
· Despite rising major yields in global major markets overnight, MYR markets is resilient today and pared losses after 2 days of selling pressure. While MYR strengthens to close at 3.9880 levels, strong buying flows were seen across MGS/GII benchmarks, concentrated on the 5y-15y stocks. Yields ended the day 1-2bps lower across the curve. The reopening auction for 5y GII will be held tomorrow, some buying was seen in WI space today, last traded 3.83%. | |||||||||||||||||||||||||||||||||||||||||||||||||||
Malaysia Government Bonds Benchmark Issues
Source: BondStream, AmBank | Interest Rate Swap Closing Rates
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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