OVERNIGHT
POLICY RATE
2.75%
as at 03 Sep 2026
MGS 10 YEAR
YIELD
3.90%
as at 22 Sep 2026
MYOR
2.75%
as at 21 Sep 2026
KL USD/MYR
REF RATE
4.0766
as at 22 Sep 2026
Daily FX
Turnover
USD 20.54B
as at 22 Sep 2026
Transition Materials

Disclaimer 

This document is published as a recommendation to assist market participants who are considering transacting derivatives referencing MYOR on standard terms. Any party or institution who refers to this document is doing it on its own accord and responsibility. The Financial Markets Association Malaysia (FMAM) is not liable for any direct, indirect or implied consequences, impact and/or losses to any party whomsoever who refers to this document.

FMAM or any institutions which contributes directly / indirectly in this recommendation disclaim all direct, indirect or implied responsibility for any competition / anti-competition allegation(s) arising from any party whomsoever who refers to this document.

 

Characteristic Instrument
MYOR Interest Rate Swap SOFR-MYOR Cross-currency Swap MYOR-KLIBOR Basis Swap
Currency MYR USD/MYR MYR
Effective Date 0 Business Days from Trade Date 2 Business Days from Trade Date 0 Business Days from Trade Date
ISDA Floating Rate Option MYR-MYOR-OIS Compound USD-SOFR-OIS Compound (for USD leg)
MYR-MYOR-OIS Compound (for MYR leg)		 MYR-KLIBOR-BNM (3 month maturity)
MYR-MYOR-OIS Compound
Reset Period Quarterly on Float, Quarterly on Fixed Quarterly on both legs Quarterly on both legs
Day Count Convention Act/365 for both legs Act/360 (for USD leg)
Act/365 (for MYR leg)		 Act/365 for both legs
Rate Fixing In arrear (Compounded MYOR rate) In arrear (Compounded SOFR Rate)
In arrear (Compounded MYOR Rate)		 In advance (KLIBOR)
In arrear (Compounded MYOR Rate)
1st O/N Index Fixing 0 Business Day preceding Reset Date (MYOR) 0 Business Day preceding Reset Date (SOFR)
0 Business Day preceding Reset Date (MYOR)		 Not Applicable (KLIBOR)
0 Business Day preceding Reset Date (MYOR)
Payment Delay Two Business Days (for MYOR leg) - 0 Business Days (for KLIBOR leg)
Two Business Days (for MYOR leg)
Interest Payment Delay - Two Business Days (for USD leg)
Two Business Days (for MYR leg)		 -
Principal Payment Delay - 0 Business Days (for USD leg)
0 Business Days (for MYR leg)		 -
Business Day for Fixing Kuala Lumpur Business Days US Government Securities Business Days (USD leg)
Kuala Lumpur Business Days (MYR leg)		 Kuala Lumpur Business Days
Business Day for Settlement Kuala Lumpur Business Days New York & Kuala Lumpur Business Days Kuala Lumpur Business Days

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