Malaysia’s Debt Markets Prove Resilient in spite of COVID-19: Financial Markets Association Malaysia
September 03, 2020 | Updated at September 03, 2020
In a statement issued on the 1st of September 2020, data from the Financial Markets Association Malaysia (FMAM) revealed that the Malaysian debt market (conventional bonds and Sukuk) has improved its performance year-to-date, compared to the same period a year ago.
The daily transacted volume of Ringgit-denominated government bonds and Sukuk came in at a solid MYR 5.0 billion year-to-date (YTD), which was higher than the MYR 4.2 billion recorded in the same period of 2019. Meanwhile, the monthly average traded volume of government bonds and Sukuk also remained robust, coming in at MYR 102 billion year-to-date (YTD) in 2020, compared to MYR 85 billion in the same period of 2019.
Accordi...