KUALA LUMPUR: The Malaysian government was the country's top bond issuer overall for two straight quarters in the first half of this year (1H2023), says Bond Pricing Agency Malaysia Sdn Bhd (BPAM).
The government issued RM61.45 billion worth of bonds in the second quarter of 2023 (2Q2023) after recording RM69.50 billion in 1Q2023, according to BPAM's bond league tables report for 2Q2023.
The bond pricing agency also named the government as the top traded bond overall for the two quarters with RM229.20 billion worth of bonds sold in 2Q2023 and RM284.06 billion in 1Q2023.
BPAM's other rankings included the top corporate bond issue, with Cagamas Bhd topping the list with RM3.86 billion worth of bonds in 2Q2023 after reporting RM1.35 billion worth bonds in the preceding quarter.
Malaysia Islamic Bhd remained as as the top sukuk issuer with RM4 billion worth of Islamic bonds in each of the two quarters.
Meanwhile, Malaysian Trustees Bhd was named the top bond trustee overall (by value) at RM24.99 billion in 2Q2023, maintaining its pole position after reporting RM13.72 billion in 1Q2023.
Maybank Investment Bank Bhd was ranked as top lead arranger overall after it achieved RM12.10 billion in 2Q2023, keeping its top position from the previous quarter when it reported RM11.69 billion.
Source : The Edge Markets