Malaysia
Market Watch
| Close of January 22, 2021 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 1.813 | ▲ 2.4 | ▲ 10.0 | ▼ 1.2 |
| 5 Year | 2.073 | ▲ 1.8 | ▲ 5.9 | ▼ 4.6 |
| 10 Year | 2.720 | ▲ 0.6 | ▲ 8.4 | ▲ 6.9 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| MYR per USD | 4.043 | ▼ 0.4 | ▼ 0.2 | ▼ 0.6 |
| MYR per JPY | 0.039 | ▼ 0.1 | ▼ 0.2 | ▼ 0.1 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 1D KLIBOR | 1.750 | ▲ 4.0 | 0.0 | 0.0 |
| 3M KLIBOR | 1.940 | 0.0 | 0.0 | 0.0 |
|
* Interest rate changes are expressed in basis point change. |
||||
Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (21-Jan-2021) |
Previous Rate (3-Nov-2020) |
YTD Rate |
|
| Overnight Policy Rate | 1.750 | 0.0 | 0.0 | |
|
* Policy rate changes are expressed in basis point change. |
||||
Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | A+ | S | 2020-01-29 | |
| RAM | gA2 | S | 2020-01-16 | |
| Non-Regional Rating Institutions | ||||
| Fitch | BBB+ | S | 2020-12-05 | |
| S&P | A- | N | 2020-06-29 | |
NEWS HIGHLIGHTS
- BNM can help finance budget deficit, but under strict conditions
- Lockdown Will Take Toll on Malaysia’s Already Steep Yield Curve
- Consumer Price Index Malaysia December 2020
- KLCI rises 0.57% in line with global stocks as renewed optimism lifts sentiment
- Robust corporate bond issuance in 2020 despite pandemic
Read full index for News and Commentary
BOND ISSUANCES
- 273-Day Malaysian Treasury Bill Tender Result for 25 January 2021
- 10-Year Malaysian Government Bonds Tender Result for 21 January 2021
- 272-Day Malaysian Islamic Treasury Bills Tender Result for 18 January 2021
- 15.5-Year Government Investment Issues Tender Result for 14 January 2021
- 7-Year Malaysian Government Security Tender Result for 6 January 2021
- Size of LCY Bond Market
- Size of LCY Bond Market in % of GDP
- Monthly Bonds Outstanding in USD
- FCY Bonds Outstanding
- Breakdown of LCY Bond Market Issuance
- G3 Currency Bond Issuance
- Government Securities Maturity Profile - LCY
- Corporate Securities Maturity Profile - LCY
- Investor Profile - Government Bonds
- Foreign Holdings in LCY Government Bonds
- Trading Volume
- Bonds Turnover Ratio
- Interest Rate Spread - 2yrs vs 10yrs - LCY Bond
- Yield Volatility - 10yr LCY Bonds
- Credit Spread - LCY Corp. Bonds vs Govt. Bonds
- Bid-Ask Spreads (Survey data)
- Government Bond Market Structural Issues
- Corporate Bond Market Structural Issues
ASEAN+3 Bond Market Guide 2016: Malaysia
ASEAN+3 Bond Market Guide is a comprehensive explanation of the region's bond markets. It provides various information such as the history, legal and regulatory framework, speciic characteristics of the market, trading and transaction including settlement systems, and other relevant information. The Bond Market Guide 2016 for Malaysia is an outcome of the strong support and kind contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Malaysia. The report should be recognized as a collective good to support bond market development among ASEAN+3 members. View Report
ASEAN+3 Multi-Currency Bond Issuance Framework
Implementation Guidelines for Malaysia
August 2015
The ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) Implementation Guidelines for Malaysia are provided to review the AMBIF Elements and detail the corresponding features of Malaysia market in relation to each element.
Download Report
| * Download previous issues PDF | ||||
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Market Summary
Yield Movements
Movement in Malaysia's local currency (LCY) government bond yield curve was mixed between 31 August and 30 October. Yields at the tail of the curve (from 1 month to 6 years) decreased an average of 10 basis points (bps) while yields of longer-term tenors (from 7 years to 30 years) increased an average of 2 bps. The downward movement of the curve was driven by the effects of Bank Negara Malaysia's (BNM) overnight policy rate cuts and by demand from foreign investors after Malaysia's debt securities were given a higher weight in JP Morgan's Government Bond Index-Emerging Market Index. On the other hand, the jump in yields reflect investors' flight to safety as the trajectory of the coronavirus disease (COVID-19) pandemic continues to be uncertain. The yield spread between 2-year and 10-year government bonds expanded from 84 bps to 96 bps during the review period.
Size and Composition
The LCY bond market of Malaysia expanded 1.9% quarter-on-quarter (q-o-q) in the third quarter of 2020, reaching a size of MYR1,583.7 billion (USD381.0 billion), supported by expansions in LCY government and corporate bonds. The LCY government bond market grew 2.3% q-o-q as outstanding central government bonds increased. Meanwhile, LCY corporate bonds outstanding jumped 1.3% q-o-q. Total outstanding Islamic bonds at the end of the review period grew 1.7% q-o-q.
Policy, Institutional and Regulatory Developments
On 24 September, FTSE Russell kept Malaysia in its FTSE Russell Fixed Income Watch List for possible exclusion in its FTSE World Government Bond Index. In its review, however, FTSE Russell lauded BNM's regulatory reforms in enhancing market liquidity and foreign investors' access to its financial market. The index provider will continue to monitor if the effects of BNM's policies translate to more operational efficiency and better access to international financial market participants.
Refine Search
1 - 20 of 55 results
- 273-Day Malaysian Treasury Bill Tender Result for 25 January 2021
FAST BNM
2021-01-25 - 10-Year Malaysian Government Bonds Tender Result for 21 January 2021
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2021-01-21 - 272-Day Malaysian Islamic Treasury Bills Tender Result for 18 January 2021
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2021-01-18 - 15.5-Year Government Investment Issues Tender Result for 14 January 2021
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2021-01-14 - 7-Year Malaysian Government Security Tender Result for 6 January 2021
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2021-01-06 - 10-Year Government Investment Issue Tender Result for 7 December 2020
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2020-12-07 - 15-Year Malaysian Government Security Tender Result for 27 November 2020
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2020-11-27 - 7-Year Government Investment Issue Tender Result for 19 November 2020
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2020-11-19 - 30-Year Malaysian Government Security Tender Result for 12 November 2020
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2020-11-12 - 5-Year Government Investment Issues Tender Result for 27 October 2020
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2020-10-27 - 10.5-Year Malaysian Government Securities Tender Result for 14 October 2020
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2020-10-14 - 364-Day Malaysian Treasury Bill Tender Result for 9 October 2020
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2020-10-09 - 3-Year Government Investment Issue Tender Result for 6 October 2020
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2020-10-06 - 5-Year Malaysian Government Security Tender Result for 29 September 2020
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2020-09-29 - 30-Year Malaysian Government Security Tender Result for 22 September 2020
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2020-09-22 - 30-Year Malaysian Government Security Tender Result for 22 September 2020
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2020-09-22 - 20-Year Malaysian Government Security Tender Result for 22 September 2020
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2020-09-22 - 30-Year Government Investment Issue Tender Result for 17 September 2020
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2020-09-17 - 7-Year Malaysian Government Security Issue Tender Result for 3 September 2020
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2020-09-03 - 15-Year Malaysian Government Investment Issue Tender Result for 26 August 2020
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2020-08-26
Refine Search
1 - 20 of 380 results
- BNM can help finance budget deficit, but under strict conditions
The Malaysian Reserve
2021-01-25 - Consumer Price Index Malaysia December 2020
Department of Statistics
2021-01-22 - Lockdown Will Take Toll on Malaysia’s Already Steep Yield Curve
Bloomberg
2021-01-22 - SC's Green SRI sukuk grant expanded, renamed
New Straits Times
2021-01-21 - Robust corporate bond issuance in 2020 despite pandemic
RAM Ratings
2021-01-21 - KLCI rises 0.57% in line with global stocks as renewed optimism lifts sentiment
The Edge
2021-01-21 - Bank Negara Malaysia keeps OPR at 1.75% but has room to ease further
RAM Ratings
2021-01-20 - Statement on Statutory Reserve Requirement
Bank Negara Malaysia
2021-01-20 - Monetary Policy Statement
Bank Negara Malaysia
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The Star
2021-01-20 - Malaysia rate outlook split amid lockdown
The Edge
2021-01-20 - OCBC Bank: BNM likely to cut OPR again
The Malaysian Reserve
2021-01-19 - A turnaround in CPI expected in 2021 on commodity prices
The Malaysian Reserve
2021-01-18 - Ringgit expected to outperform other Asian currencies
The Sun Daily
2021-01-14 - HSBC forecasts 6% GDP growth in 2021 for Malaysia, ringgit to hit 3.96 by year-end
The Malaysian Reserve
2021-01-14 - Malaysia and Asian bonds see foreign inflows for 7th straight month in Dec
The Star
2021-01-14 - 2021 GDP may be revised down
The Malaysian Reserve
2021-01-13 - Malaysia’s Capital Markets to Remain Open; Most Sectors of Economy Remain Open
Ministry of Finance
2021-01-12 - Foreign buying of govt bonds held up in December despite Fitch downgrade
The Malaysian Reserve
2021-01-12 - More fiscal support expected in 2021
The Malaysian Reserve
2021-01-12