September 20, 2024 05:59 GMT
BNM: Bond Wrap
BNM
- Ringgit hits 28-month high against USD (source: BBG)
- Malaysia's trade surplus declined yoy for August as exports rose than expected, (Source: Malaysia Department of Statistics).
- Equity markets capped off a busy week with a very strong finish as risk markets in general greeted the FED’s move positively.
- Bonds too had a strong finish with yields down 0.5 – 4 bps across the curve.
3yr 3.336% (+0.5bp) 5yr 3.486% (-0.5bp) 10yr 3.699% (-3.5bps) 20yr 4.046%
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