Tuesday, 11 September 2012

Malaysia Govt Bonds Steady; FOMC, Sukuk Auction Eyed

Malaysia government bonds are steady in light trade ahead of Thursday's FOMC meeting and 10-year government sukuk auction; dealers say sentiment remains cautious but "we saw fairly good demand on the short term bills, mainly coming from foreign flows on the back of a stronger ringgit," says Ambank. The yield on October 2015 MGS is flat at 3.12% while October 2017 MGS yield is up 1 bp at 3.30%. September 2018 MGS yield is down 1 bp at 3.43% and August 2022 MGS yield is down 1 bp at 3.47%. 

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