BPAM launches BPAM All Universe with Callable Bond

LUMPUR: Bond Pricing Agency Malaysia Sdn Bhd (BPAM) launched the BPAM All Universe with Callable Bond Index Series, covering rated and unrated ringgit denominated long term bonds and sukuk from the government treasury, government-related and corporate sectors.

The BPAM All Universe with Callable Bond Index Series includes bonds and sukuk with callable features, keeping up with the demand to enhance the coverage of BPAM’s hallmark index series.

“We are excited to introduce the BPAM All Universe with Callable Bond Index Series to the Malaysian fixed income market. With the callable bonds and sukuk market segment currently a little over RM100 billion, this is a sizable chunk which has never been represented in other indices available in the market right now.

“This index is a product of our exhaustive discourse with key market participants and demonstrates a significant step forward in offering further in-depth options for portfolio performance bench marking.

“As the financial landscape continues to evolve, we remain committed to providing innovative solutions that empower investors to make informed decisions,” said BPAM’s chief executive officer and executive director Meor Amri Meor Ayob.

With a backfill history dating back to January 2, 2015, the BPAM All Universe with Callable Bond Index Series offers valuable insights into the past performance and trends of ringgit denominated bonds.

Alongside the BPAM All Universe with Callable Bond Index Series, BPAM also released the User Generated Index (UGI) tool on BPAM’s latest flagship application BondStream Terminal.

With the UGI, users are able to research, analyse and backtest potential new indices by creating their own indices for simulation purposes or to emulate their existing portfolios exactly how they want it.