The Thomson Reuters BPAM All Bond Index posted an increase of 0.13 per cent over the week. The index grew from last week reading of 130.83 to 131.00 this week.
The gain was predominantly due to the decrease in yields for Malaysian Goverment Securities and Private Debt Securities curves, especially in the longer end.
On Thursday, Bank Negara Malaysia had maintained the benchmark Overnight Policy Rate (OPR) at three per cent for the 11th consecutive time, citing that the current level was still appropriate amidst robust domestic private consumption and investment activities as well as the modest inflation outlook going forward.
The top 10 most actively traded bonds in the ringgit bond market was primarily dominated by sovereign issues.
However, the total trading volume shrank 42.5 per cent to approximately RM10.3 billion from approximately RM17.9 billion last week as investors await the outcome of the Monetary Policy Committee meeting held last Thursday.
Aman Sukuk Bhd issued six new issues with a total issuance size of RM615 million.
The tenure of the sukuk ranged between three to 15 years with profit rates ranging from 3.60 to 4.25 per cent.
The total issuance size was RM615 million.
These sukuk are rated AAAIS by Malaysia Rating Corporation Bhd (MARC).
Khazanah Nasional Bhd issued an eight-year zero-coupon bond with an issuance size of RM1 billion.
MRCB Sentral Properties Sdn Bhd issued a 4.5-year Danajamin guaranteed bond with a coupon rate of 4.10 per cent. The bond is rated AAA(fg) by MARC.
Tradewinds Plantation Capital Sdn Bhd issued one-year and two-year sukuk with profit rates of 3.95 and 4.05 per cent respectively.
These sukuk are rated AAAID(bg) by MARC.
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