Bond Pricing Agency Malaysia Sdn Bhd

28/02/2024

Dear Valued Customers and Followers,

It's with heavy heart that we share the news of discontinuing our business page on Facebook. Your support has been the heartbeat of our journey, and we're immensely grateful for each interaction, like, and comment.

While we bid farewell to this chapter, our story continues on Instagram, X, and LinkedIn. We invite you to join us there for ongoing updates and happenings.

Follow us on our other accounts below!
Instagram: https://www.instagram.com/bpamalaysia/
X: https://x.com/BPA_Malaysia
LinkedIn: https://www.linkedin.com/company/bond-pricing-agency-malaysia-sdn-bhd/

Your presence means the world to us. Thank you for being a part of our community.

From,
The BPAM Family

26/02/2024

Basic Economic Update 📈 📉

In 2023, Malaysia’s public debt has risen to approximately MYR1.17 trillion (2022 : MYR1.08 trillion) while its gross domestic product (GDP) has just increased slightly to MYR1.82 trillion (2022: MYR1.79 trillion). As a result, the debt-to-GDP ratio has worsened 🔻 to 64.3% from 60.3% in 2022.

On the other hand, Malaysia’s latest current account balance has shrunk to a mere MYR253 million in the 4th quarter of 2023, its lowest level since Asian Financial Crisis 📉.

Generally, the deterioration in the public finance sector 💱 and the Malaysian economy contributed to the weakness observed in the Malaysian Ringgit recently besides the interest rate differential with the US.

26/02/2024

Basic Economic Update 📈 📉

Malaysia’s inflation as measured by the consumer price index (CPI) remained the same at 1.5% y-o-y in January, driven by lower increases in Restaurant & Accommodation Services (3.2%); Personal Care, Social Protection & Miscellaneous Goods & Services (2.5%); Health 🏥 (2.4%); Food & Beverages 🍽 (2.0%) and Housing 🏚, Water 🚰, Electricity ⚡, Gas & Other Fuels ⛽(2.0%).

Compared against other countries, Malaysia’s inflation is lower than the inflation in the United Kingdom (4.0%), United States (3.1%), Eurozone (2.8%) and Indonesia (2.6%). However, the rate is higher than Thailand (-1.1%) as well as China (-0.8%), which is still mired in the deflationary trap.

23/02/2024

Summary of Bonds and Sukuk issued and maturing this week (19/02/2024 – 23/02/2024) 💼🧾

19/02/2024

The Malaysian Bond and Sukuk Almanac 2023 is now available on BPAM’s website and flagship client application, BondStream.

🔗 To download the Almanac, click the link below!
https://lnkd.in/gUAurYnP

19/02/2024

BREAKING NEWS 🚨:

Bond Pricing Agency Malaysia Sdn. Bhd. (BPAM) is pleased to announce the release of its annual publication, the Malaysian Bond and Sukuk Almanac 2023 today. This report provides an overview of the Malaysian bond market as of 31 December 2023.

Presenting a comprehensive guide on issuer profiles, active government and corporate bonds and sukuk, along with top issuers, lead arrangers and trustees in various categories, the BPAM Almanac serves as an essential handbook for individuals, market players, issuers as well as local and international investors.

“The Malaysian Bond and Sukuk Almanac 2023 comprehensively documents the annual events in the Malaysian fixed income market, covering the year 2023. Despite geopolitical uncertainties, our market has displayed robust resilience, as reflected in the remarkable growth from MYR 435.1 billion in 2022 to MYR 547.5 billion in new issuances in 2023,” said Meor Amri Meor Ayob, BPAM’s Chief Executive Officer and Executive Director.

“Given the strong foundation provided by the Malaysian bond and sukuk market, Malaysia now has the opportunity to address any gaps through investments in infrastructure and human capital to strengthen the local economy further. Such investments can be met by the local bond and sukuk market,” added Meor Amri Meor Ayob.

The Malaysian Bond and Sukuk Almanac 2023 is now available on BPAM’s website and flagship client application, BondStream.

🔗 To download the Almanac, click the link below!
http://tinyurl.com/BPAMAlmanac2023

16/02/2024

Summary of Bonds and Sukuk issued and maturing this week (13/02/2024 – 16/02/2024) 💼🧾

14/02/2024

Basic Economic Update 📈 📉

In January, foreign holdings of the MGS remained depressed and shrank to 💵 MYR201.1 billion (Dec: MYR202.9 billion) while GII dwindled to 💰 MYR50.1 billion (Dec: MYR50.7 billion). In percentage terms, MGS slid to 📉 33.80% (Dec: 34.39%) while GII contracted to 📉 9.22% (Dec: 9.52%) of total outstanding. For the MGS, this is the lowest level dated back to June 2011 in percentage terms. As a result, Malaysian Ringgit slumped to 📉 4.7295 against the US Dollar from 4.5900 previously.

13/02/2024

BPAM in the news! 📰

BPAM CEO & Executive Director, Meor Amri Meor Ayob said "Foreign investors will flock to the domestic bond market once the Fed begins cutting the benchmark Fed fund rate, given the relatively cheap ringgit at the moment. 💹📈"

"On top of that, structural reforms in the public service sector will surely boost the confidence of international investors"

🔗To read more, click the link below!

https://www.thestar.com.my/business/business-news/2024/02/12/ringgit-bonds-to-maintain-steady-momentum

PETALING JAYA: The ringgit bond market, which saw overall net foreign inflow amounting to RM23.6bil last year, is set to continue its momentum in 2024, underpinned by anticipation of falling global interest rates.

09/02/2024

龙年快乐!
Dear Friends,

As we stand on the threshold of the new lunar new year, ushering in the auspicious Year of the dragon, we extend our heartfelt wishes for boundless success and prosperity to each and every one of you.

The Year of the Wood Dragon is believed to be a harbinger of growth, progress, and abundance. May this special period also bring joyous celebrations with your loved ones, accompanied by the delight of indulging in delicious food and angpaos.
Wherever your festivities take you, we wish you a safe and joy-filled journey throughout this upcoming festive season.
Happy Chinese New Year!

Warmest regards,
The BPAM Family! ✨

09/02/2024

Summary of Bonds and Sukuk issued and maturing this week (05/02/2024 – 09/02/2024) 💼🧾