BIX ARTICLE
Monthly Fixed Income Report: February 2025
Mar 04, 2025
|
4 min read
Featured Posts
SRI Sukuk: The Journey Towards Sustainable and Responsible Investment
Jul 23, 2020
|
5 min read
Securities Commission's Capital Market Masterplan 3 (CMP3)
Sep 21, 2021
|
2 min read
What If We Allowed Retail Investors to Directly Invest in Malaysia’s Government Bond?
Aug 24, 2021
|
8 min read
Islamic Bonds Come Under Microscope After Garuda Indonesia Default
Aug 19, 2021
|
8 min read
BIX MALAYSIA
MONTHLY FIXED INCOME REPORT: FEBRUARY 2025
Ringgit Bond and Sukuk market stood at RM2.14 trillion in February 2025
The ringgit bond and sukuk market slightly increased by 1.42% in February compared to the previous month. Total outstanding recorded in February was RM2.14 trillion which gained by 1.42% compared to RM2.11 trillion in January 2025. This outstanding amount contributed from government outstanding at 58.59%, followed by quasi government and corporates at 16.35% and 25.06%, respectively. For the two month of 2025, the local bond market shows positive momentum and expanded by RM0.04 trillion compared to last year, where ringgit bond and sukuk market outstanding totalling amount of RM2.10 trillion as at end December 2024.
Total issuance for ringgit bond and sukuk in February expanded by 48.07% to RM21.47 billion compared to RM14.50 billion in January. The Malaysian Government issuance increased in February to RM6.00 billion compared to RM5.50 billion January while Bank Negara Malaysia (BNM) recorded issuance of RM0.70 billion in February, raised by 133.33% compared to issuance of RM0.30 billion in the previous month.
Corporate issuance increased by 69.77% to RM14.77 billion in February compared to RM8.70 billion in January. AA2/AA/P1/M-1 rated bonds recorded the highest issuance in February with total issuance of RM5.29 billion, accelerated by 14.75% compared to RM4.61 billion in the previous month. There was RM4.40 billion new issuance of government guaranteed in February compared to no issuance in January 2025.
Malaysian Government Securities (MGS) 3-Year yield decreased to 3.43% in February compared to 3.45% in January. The 10-year MGS closed at 3.79% in February compared to 3.81% in January, a slight reduction by 0.02% or 2bps. Government Investment Issues (GII) 3-Year closed at 3.55% and 3.56% in February and January 2025, respectively, a slight decline by 0.01% or 1bps. 10-year GII dropped slightly by 0.01% or 1bps in February, closed at 3.81% compared to 3.82% in January.
3-Year AAA-rated corporate bond and sukuk closed at 3.79% in February compared to 3.82% in January which lessened by 0.03% or 3bps, while the 10-year AAA-rated bond and sukuk closed at 3.97% in February compared to 4.00% in previous month.
END OF REPORT
4th March 2025
The information contained in this report is prepared from data believed to be correct and reliable at the time of issuance of this report. While every effort is made to ensure the information is up-to-date and correct, Bond and Sukuk Information Platform Sdn Bhd (“the Company”) does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information contained in this report and accordingly, neither the Company nor any of its affiliates nor its related persons shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof.
(201701039928) (1254101-K)
YOU MAY ALSO LIKE
ARTICLE
Apr 04, 2025
|
9 min read
ARTICLE
Mar 04, 2025
|
4 min read
ARTICLE
Feb 05, 2025
|
4 min read
ARTICLE
Dec 02, 2024
|
4 min read