September 26, 2024 05:24 GMT
BNM: Bond Wrap.
BNM
- “Malaysia’s positive economic prospects and structural reforms, complemented by initiatives to encourage flows, will continue to provide enduring support to the ringgit,” (source: BNM).
- Ringgit strengthens amid us rate clarity, Malaysia’s positive economic outlook (source: BNM).
- Malaysia equity hasn’t really participated in the euphoria following the China stimulus news, lagging regional moves. Today saw the FTSE Bursa Malaysia KLCI Index down 0.31% whilst bond yields moved higher across most parts of the curve.
3yr 3.363% (+1bp) 5yr 3.496% (-1bp) 10yr 3.747% (+1bp) 20yr 4.061% (+1.5bp)
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