Bond Pricing Agency Malaysia Sdn Bhd

Dear Friends and Family, As the year draws to a close and the festive season is upon us, BPAM wishes to extend our deepest appreciation for your support throughout 2024. This has been a truly memorable year, marked by our 20th anniversary—a milestone we could not have achieved without the dedication and trust of our remarkable clients, partners, family, and friends. May your holidays be filled with warmth, happiness, and well-deserved rest. To those celebrating, we wish you a Merry Christmas, and to everyone, a joyful and prosperous New Year! #ConnectwithBPAM #BPAMFamily

📈 Economic Update 📉 As reported by the US Bureau of Labor Statistics (BLS), the US job market showcased unexpected robustness in December, adding 256,000 jobs 📈, significantly exceeding expectations. This impressive growth brought the unemployment rate down to 4.1% 📉, challenging the Federal Reserve's earlier predictions of a slowing labour market. The recent trend of job gains contrasts sharply with the Federal Reserve's previous forecasts, which had anticipated a downturn. In response to what was perceived as slowing job growth and manageable inflation 🏦, the Fed initiated rate cuts in September 2024, reducing rates by 50bps. However, the recent surge in job growth coupled with rising inflation 💹 suggests that these rate cuts may need reconsideration, potentially leading to increased rates instead. The yield on the 10-year note rose by 9bps on Friday to 4.77% 📊, reflecting investor anticipation of future interest rate hikes. Under the leadership of Powell, the Federal Reserve appears somewhat misaligned with market sentiment, contributing to increased volatility 📉📈. There's now a 44% probability that there will be no rate cuts through June 2025, marking a significant shift from earlier expectations of multiple cuts. #ConnectWithBPAM #BPAM #iBPAM #BondStream #USJobMarket #FederalReserve #InterestRates #EconomicGrowth #InflationTrends #FinancialMarkets #MonetaryPolicy #JobGains #MarketVolatility

Summary of Bonds and Sukuk issued and maturing this week (06/01/2025 – 10/01/2025) 💼🧾 #ConnectwithBPAM #Malaysianbondmarket #BondStream #IBPAM #Finance #Malaysia #Bonds #Sukuk

📈 Economic Update 📉 📉 In December, foreign holdings of the MGS declined to MYR204.7 billion (Nov: MYR206.6 billion), while in percentage terms, MGS contracted to 32.3% (Nov: 32.7%) of total outstanding, marking the third consecutive monthly decline. 📉 The appetite for MGS continues to wane, driven by the widening yield differential between U.S. Treasuries (UST) and MGS. 💵 At the end of December, the 10-year UST offered a yield premium of over 70bps compared to the 10-year MGS. As a result, the Malaysian Ringgit weakened to 4.4755 against the US Dollar from 4.4405 previously. #ConnectWithBPAM #iBPAM #BondStream #MGS #UST #BondMarket #Ringgit #MalaysiaEconomy #ForeignHoldings #YieldDifferential #InterestRates #EconomicUpdates #FinancialMarket #EmergingMarkets #MYR #CapitalMarkets #MarketTrends

Summary of Bonds and Sukuk issued and maturing this week (30/12/2024 – 03/01/2025) 💼🧾 #ConnectwithBPAM #Malaysianbondmarket #BondStream #IBPAM #Finance #Malaysia #Bonds #Sukuk

📢 THE MONTHLY BPAM REPORT SERIES UPDATE: DECEMBER 2024 📊📈 The December 2024 edition of the monthly BPAM Reports Series is now ready for you to dive into! 📚 Get your hands on the latest insights and updates via the BPAM website today. BPAM Ringgit Bond Market Update: Download here ➡️ https://lnkd.in/gvtQquXj BPAM Bond Index Series Reports: Access the reports ➡️ https://lnkd.in/gecrgr6P Stay informed and stay ahead! 🚀📰 #BPAM #ConnectwithBPAM #Monthlyreports #Bondmarketupdate #ValuationPricing #Marketupdates

Still confused about bonds and how they work? Bonds are a key investment tool that represent loans made to corporations or governments, offering fixed income and stability. Learn more about how bonds work and their role in finance by clicking the link below! https://lnkd.in/eexBKN4

Summary of Bonds and Sukuk issued and maturing this week (23/12/2024 – 27/12/2024) 💼🧾 #ConnectwithBPAM #Malaysianbondmarket #BondStream #IBPAM #Finance #Malaysia #Bonds #Sukuk

Summary of Bonds and Sukuk issued and maturing this week (16/12/2024 – 20/12/2024) 💼🧾 #ConnectwithBPAM #Malaysianbondmarket #BondStream #IBPAM #Finance #Malaysia #Bonds #Sukuk

On 17 December 2024, the CEO of Bond Pricing Agency Malaysia, Meor Amri Meor Ayob, delivered an insightful talk titled "The Strategic Role of Bond Pricing in Corporate Finance & Economic Stability" at Universiti Kuala Lumpur. The session, attended by 50 participants, highlighted the critical impact and role of bond pricing in financial decision-making and economic resilience. We would like to extend our gratitude to Puan Laila from Universiti Kuala Lumpur for providing us with this opportunity. #connectwithbpam #unikl #bpam #bonds #sukuk #malaysia