On 25 January 2006, the Securities Commission (SC) issued guidelines on the registration of bond pricing agencies (BPA). The objective of BPA is to provide daily independent and objective fair value for all ringgit denominated bonds, and to facilitate daily mark-to-market valuation of bond portfolios. On 18 April 2006, Bondweb Malaysia (now known as Bond Pricing Agency Malaysia Sdn Bhd) was registered as Malaysia's first Bond Pricing Agency (BPA) to deliver pricing and information services exclusively on the Ringgit bond market. It is a private sector-led initiative developed with the support of key bond market players to complement the government's objective of building a more efficient, sophisticated and liquid bond market. Currently, Bond Pricing Agency Malaysia (BPAM) provides daily evaluated pricing for nearly 2,000 bonds in the domestic market that is used by issuers, traders and investors alike. For more info please visit  www.bpam.com.my