Malaysia’s government bond market held steady last week, with yields near year-to-date highs despite fiscal concerns driven by rising global prices.
The price of RON95 petrol was maintained, but diesel (Peninsular Malaysia only) and RON97 saw sharp increases of 20.4% and 18.2% respectively, adding pressure to the fiscal outlook.
In the primary market, the MYR5.0 billion MGS 03/29 new issue attracted MYR11.1 billion in bids, achieving a bid-to-cover ratio of 2.218x. However, the average yield of 3.237% was higher than the 3.19% when-issued level, reflecting cautious investor sentiment. The upcoming auction of the 7-year GII 03/33 is expected to see firm demand if the when-issued yield exceeds 3.40%. Indicative yields for the 7Y GII are up about 7 basis points year-to-date.
Corporate bond sentiment weakened, with PDS yields edging higher and average daily trading volume (excluding CPs) falling to MYR550 million from MYR660 million the previous week.
Bukit Mertajam MP Steven Sim calls for investigation into human trafficking following a police raid,…
Bursa Malaysia fined CFM and its eight directors RM2 million for listing breaches, underscoring stricter…
Lembaga Tabung Haji has improved its financial position through recovery efforts, enhancing asset quality and…
Schroders Capital's Q3 2026 outlook highlights private markets' resilience and the need for selective, deliberate…
Kinergy initiated with BUY, TP RM0.67, driven by recurring income, engineering services growth, and unpriced…
PETALING JAYA, 22 July 2026 – LOCUS-T, a leading Malaysian digital marketing agency, has been…
This website uses cookies.