As the year 2017 comes to an end, the TR BPAM All Bond Index gained 0.314 per cent, ending the week at 156.172 points compared to 155.683 points last Friday.
The gain was underpinned by the strength in the sovereign segment where MGS yields eased between two and seven bps across the board.
The ringgit strengthened from 4.08 to 4.0475 against US dollar, the highest level seen in 2017.
Top 10 most active bonds:
Trading activities in the ringgit bond market remained subdued during the week.
The total trade volume of the top 10 most actively traded bonds amounted to RM3 billion compared to RM3.7 billion last week.
The five-year benchmark GII paper maturing on April 14, 2022 topped the list with RM0.7 billion changed hands.
New issuance(s):
On December 28, 2017, CIMB Islamic Bank Bhd issued a 10-year non-call 5-year junior sukuk worth RM300 million.
The sukuk carries profit rate of 4.7 per cent and it is rated AA+ IS with stable outlook by MARC.
BGSM Management Sdn Bhd issued RM50 million worth of Islamic Medium Term Notes (IMTN) with profit rate of 4.485 per cent.
The three-year IMTN is rated AA3 with stable outlook by RAM Ratings.
Prasarana Malaysia Bhd issued three tranches of government guaranteed IMTN with total issuance size of RM2 billion.
The four-year, 10-year and 15-year IMTN carry profit rates of 4.05, 4.53, and 4.93 per cent respectively.
On December 29, 2017, CIMB Islamic Bank Bhd issued a one-year senior IMTN with a profit rate of four per cent.
The sukuk has an issuance size of RM1 million and is rated AAA and AAA IS with stable outlook respectively by RAM Ratings and MARC.
Cagamas Bhd issued a five-year Medium Term Notes (MTN) with coupon rate of 4.25 per cent.
The issuance size is RM300 million and is rated AAA with stable outlook by RAM Ratings and MARC.