Welcome! AsianBondsOnline is a one-stop source of information on bond markets in emerging East Asia.
Close of February 2, 2023 |
Change From | |||
---|---|---|---|---|
Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 3.262 | ▼ 1.0 | ▲ 0.8 | ▼ 28.4 |
5 Year | 3.471 | ▼ 11.6 | ▼ 3.5 | ▼ 38.8 |
10 Year | 3.771 | ▼ 3.6 | ▲ 2.3 | ▼ 32.8 |
* Government bond yield changes are expressed in basis points. |
||||
Currencies | Latest Rate | Previous Day | Previous Week | YTD |
MYR per USD | 4.247 | ▲ 0.5 | ▼ 0.0 | ▲ 3.6 |
MYR per JPY | 0.033 | ▲ 0.3 | ▼ 1.2 | ▲ 1.7 |
* Exchange rate changes are expressed as a percentage change. |
||||
Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
1D KLIBOR | 2.750 | 0.0 | 0.0 | ▲ 3.0 |
3M KLIBOR | 3.680 | 0.0 | 0.0 | 0.0 |
* Interest rate changes are expressed in basis point change. |
Change From | ||||
---|---|---|---|---|
Policy Rates | Latest Rate (19-Jan-2023) |
Previous Rate (3-Nov-2022) |
YTD Rate |
|
Overnight Policy Rate | 2.750 | 0.0 | 0.0 | |
* Policy rate changes are expressed in basis point change. |
Agency | Rating | Outlook | Date | |
---|---|---|---|---|
Regional Rating Institutions | ||||
R&I | A+ | stable | 2021-06-02 | |
RAM | gA2 | stable | 2020-01-16 | |
Non-Regional Rating Institutions | ||||
Fitch | BBB+ | stable | 2022-02-24 | |
S&P | A- | stable | 2022-06-28 | |
NEWS HIGHLIGHTS
Read full index for News and Commentary
BOND ISSUANCES
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
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 | ||||
---|---|---|---|---|
2022 | Nov | Sep | Jun | Mar |
2021 | Nov | Sep | Jun | Mar |
2020 | Nov | Sep | Jun | Mar |
2019 | Nov | Sep | Jun | Mar |
2018 | Nov | Sep | Jun | Mar |
2017 | Nov | Sep | Jun | Mar |
2016 | Nov | Sep | Jun | Mar |
2015 | Nov | Sep | Jun | Mar |
2014 | Nov | Sep | Jun | Mar |
2013 | Nov | Sep | Jun | Mar |
2012 | Nov | Sep | Apr | |
2011 | Nov | Sep | Mar | |
2010 | Nov | Oct | Jul | Mar |
2009 | Nov | Sep |
The local currency (LCY) government bond yield curve of Malaysia shifted upward for all tenors between 31 August and 14 October. Short-term bond yields grew an average of 19 basis points (bps), while those of longer-term bonds expanded an average of 45 bps. The yields jumped as Bank Negara Malaysia continued its interest rate hike in September to temper inflationary pressure. The 10-year and 2-year government bond yield spread increased from 70 bps to 78 bps during the review period.
Malaysia’s LCY bond market grew 2.6% quarter-on-quarter (q-o-q) and 7.8% year-on-year in the third quarter of 2022. It reached a size of MYR1,853.0 billion (USD399.6 billion) at the end of September. Increases in both outstanding government and corporate bonds contributed to this expansion. Total outstanding sukuk (Islamic bonds) jumped 3.9% q-o-q during the review period, spurred by expanding stocks of both government and corporate sukuk. Issuance of LCY bonds increased 7.2% q-o-q as issuance of government bonds grew.
On 30 September, Malaysia raised MYR4.5 billion from its first Sustainability Government Investment Issues to fund the government’s social and green projects under its Sustainable Development Goals Sukuk Framework. The fundraising activity showcased the commitment of the Malaysian government towards a sustainable economy. The fixed income security also served as a new benchmark bond in the Islamic bond market of Malaysia.