BPAM picks winners for 5th BPAM Bond Market Awards

KUCHING: Bond Pricing Agency Malaysia (BPAM) yesterday announced the winners of its fifth edition BPAM Bond Market Awards. The annual BPAM Bond Market Awards is designed to celebrate the outstanding achievements in the Malaysian fixed income market.

“The past year has been seminal for the growth and development of the Malaysian fixed income market, and it remains vibrant, supported by strong demand from a pool of steadfast investors,” added Meor Amri Meor Ayob, BPAM’s chief executive officer in a statement yesterday.

“The market has been equally active, and we have seen the government entities, corporate and financial institutions step up to the plate. The corporate bond issuance in Malaysia hit a record high of MYR125.6 billion in 2017, and the issuance is expected to remain robust this year.

“We congratulate all the winners of all the awards, and commend them for their sterling contribution towards the ongoing development of the market.”

The twelve awards winners are selected based on BPAM League Tables for the calendar year 2017 covering rated and the non-rated universe of bonds and sukuk in the Malaysian fixed income market.

The top bond issuer for overall is Sunway Sukuk Treasury Sdn Bhd, while Cagamas Berhad won conventional and Sunway Sukuk Treasury Sdn Bhd won under Islamic.

Cagamas Bhd won overall for the top traded category, while also winning the conventional category as well. Prasarana Malaysia Bhd won the Islamic category inder top traded.

Looking at Top Trustee, Pacific Trustees Bhd won all three overall, conventional and Islamic categories.

Finally, Maybank Investment Bank Bhd won the top leader category for both overall and Islamic while CIMB Investment Bank Bhd won udner conventional.