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Feb 13, 2019 · MGS is coupon-bearing, long-term bonds issued by the Government to raise funds for development expenditures. They are the most actively traded bonds. The BNM regularly issues 3-year, 5-year, 7-year, and 10-year MGS as benchmark securities for the development of a benchmark yield curve.
3 days ago · On 9 July 2012 the MSE launched the new trading platform Xetra (Exchange Electronic Trading) to replace the Malta Automated Trading System (MATS) on which all listed securities on the Exchange were traded. Xetra is a leading trading platform in Europe operated by Deutsche Börse Group.
- Looks attractive on an absolute basis. As mentioned, the longer end of the yield curve suffered more during the recent sell-down but this is where we see the most attractive entry points.
- Looks attractive relative to benchmark interest rate. Historically, MGS yields tend to track the benchmark Overnight Policy Rate (OPR) closely. However, this time round, the MGS yield spike occurred while OPR remained unchanged.
- Looks attractive relative to US Treasuries. The spreads for MGS over US treasuries have also widened after the recent sell-down, particularly the 5Y and 10Y yields which are currently above 10Y average levels, which means the MGS yield spike has outrun its US counterpart’s.
Dec 2, 2021 · Yields of Malaysian Government Securities (MGS) rose in October 2021 from a month earlier on the back of a hawkish or rising global interest rates outlook despite foreign investors increasing their buying of MGS, according to Malaysian Rating Corp Bhd (MARC) on Thursday (Dec 2).
issuance of Malaysian Government Securities (MGS, conventional bond) and MGII (sukuk). As Malaysia promotes a dual banking system, the development of the MGII market aims at deepening the domestic sukuk mark.
THE yields of Malaysian Government Securities (MGS) have shot up in the past one month, even as the ringgit continued to touch new lows, breaching 4.18 against the US dollar last week. Five-year MGS yields, for example, were among the most volatile, shooting up by almost 59 basis points...
People also ask
Why are MGS issued?
What is a MGS bond?
Is MGS a good investment?
What was the purpose of MGS issuance in the 1970s?
How long does MGS last?
Is the trading of MgII the same as MGs?
Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
