OVERNIGHT
POLICY RATE
3.00%
as at 05 Sep 2024
MGS 10 YEAR
YIELD
3.72%
as at 03 Oct 2024
MYOR
3.00%
as at 03 Oct 2024
KL USD/MYR
REF RATE
4.2111
as at 03 Oct 2024
Daily FX
Turnover
USD 16.19B
as at 03 Oct 2024
Further Info

Market Structure

 

Malaysian Government securities are marketable debt instruments issued by the Government of Malaysia to raise funds from the domestic capital market. The central bank (Bank Negara Malaysia) acts as banker and adviser to the Government and assists in planning and facilitating issuances through market infrastructure that it owns and operates. Currently, the various forms of Government securities in Malaysia are:

 

  • Malaysian Government Securities (MGS) - long-term interest-bearing debt securities issued by the Government of Malaysia to raise funds from the domestic capital market for development expenditure.
  • Malaysian Government Investment Issues (MGII) - long-term Islamic Government securities, issued based on established Shariah principles
  • Malaysian Treasury Bills (MTB) - short-term discount securities issued by the Government of Malaysia for working capital
  • Malaysian Islamic Treasury Bills (MITB) - short-term Islamic Government securities, issued based on established Shariah principles

 

Besides Malaysian Government securities, local corporates also tap the bond market for financing through issuance of bonds, medium-term notes and commercial papers.

Further Information
Malaysian Government Investment Issue (MGII)
ISCAP: Institutional Securities
Exchange Trade Fund
Hedging

Taxation:

Interest Income Tax

Capital Gain Tax

Stamp Duty