Malaysian Bond Mar­ket

The Star Malaysia - StarBiz - - Treasury Pulse -

Lo­cal gov­vies yields rose across all tenures for the week. At Fri­day’s 12 noon pric­ing, the 3-,5-, 7-, 10-, 15-, 20and 30-year bench­mark MGS yields set­tled at 3.32%, 3.5%, 3.78%, 3.86%, 4.27%, 4.48% and 4.74% re­spec­tively.

Trad­ing ac­tiv­i­ties re­duced this week com­pared to the pre­vi­ous week where bench­mark lo­cal gov­vies reg­is­tered a trad­ing vol­ume of RM14.89 bil­lion com­pared to the pre­vi­ous week’s value of RM16.04bil.

Mean­while, the sec­ondary cor­po­rate bonds mar­ket recorded heav­ier trad­ing ac­tiv­i­ties com­pared to last week.

Week to date, to­tal trad­ing vol­ume was higher at RM2.29bil com­pared to last week’s RM1.91bil. About 55% of the trad­ing vol­ume was con­trib­uted by the GG/AAA, 41% by the AA seg­ment and the re­main­ing 4% by the A seg­ment.

In the GG/AAA seg­ment, no­table trades in­cluded 2024-2039 DanaIn­fra Na­sional Bhd tranches which closed with yields mixed at 4.27%-4.96% with a trad­ing vol­ume of RM320mil.

There was also in­ter­est in 2018-2033 Caga­mas tranches which closed with yields mixed at 3.45%-4.94% with a to­tal trad­ing vol­ume of RM230mil.

Also hav­ing gar­nered some in­ter­est was 2022-2047 Lem­baga Pem­bi­ayaan Peruma­han Sek­tor Awam tranches which recorded a trad­ing vol­ume of RM168mil clos­ing with yields mixed at 4.08%-5.18%. Mean­while, ‘01/32 Ran­tau Abang Cap­i­tal bonds closed at yields lower by 5bps at 4.83% with RM50mil chang­ing hands.

Else­where in the AA seg­ment, no­table trades in­cluded 2032-2039 Le­buhraya Duke Fasa 3 tranches which recorded a to­tal trad­ing vol­ume of RM105mil with yields un­changed or lower at 5.05%-5.45%.

Also gar­ner­ing in­ter­est this week were ‘03/23 and ‘05/27 YTL Power In­ter­na­tional bonds which recorded a col­lec­tive trad­ing vol­ume of RM93mil where yields traded lower by 4bps at 4.52% and lower by 1bps at 4.86% re­spec­tively.

ean­while, 2025-2027 MMC Cor­po­ra­tion tranches recorded lower yields of 5.28%-5.40% with a col­lec­tive trad­ing vol­ume of RM85mil. 2019-2020 Sabah Credit Cor­po­ra­tion tranches recorded yields lower at 4.46%-4.50% with RM60mil chang­ing hands.

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