It noted that recent market enhancements include, but were not limited to: • Improving secondary market bond liquidity through significantly more reopenings in 2021 of Malaysian Government Securities (MGS) issuances, a commitment to switch, as needed, illiquid bonds out and replace with more liquid bonds, making more MGS available via repo, thus facilitating a marked increase in trading volumes and introducing physical settlement (with the option of cash settlement) of MGS futures, providing an additional interest rate hedging avenue, whilst aiming to simultaneously boost underlying bond liquidity; and ... months and, in fact, have led similar broad market indexes in 2021 year-to-date, according to new data from global index provider FTSE Russell. Latest Reports Sign-up/Register for a new account. KUALA LUMPUR – Malaysia will be removed from the FTSE Russell Watch List for potential reclassification of its market accessibility level from “2” to “1” and will retain its membership in the FTSE World Government Bond Index (WGBI). Covers month- and quarter-end performance analysis of FTSE Russell's flagship equity, bond and factor index families. Launched in 2006 in partnership with Bursa Malaysia, the FTSE Bursa Malaysia Index Series is a broad range of indexes covering all eligible companies listed on the Bursa Malaysia Main and ACE Markets. It explained that the market accessibility level of China would be reclassified from “1” to “2” as of the March 2021 review. The Edge Communications Sdn. KUALA LUMPUR, March 30 — The removal of Malaysia from the market accessibility of FTSE Russell’s Watch List is in recognition of the various tangible initiatives it has implemented over the past two years under the leadership of Bank Negara Malaysia (BNM), said the Financial Markets Association of Malaysia (FMAM). And, amid this surge, ... FTSE Bursa Malaysia KLCI December 2020 semi-annual review. “This suggests that Malaysia’s government bonds remain attractive and supported by stable macro fundamentals,” they said. FTSE Russell noted Malaysia's recent market enhancements including improving secondary market bond liquidity and enhancing the foreign exchange market structure and liquidity. In the FTSE Fixed Income Country Classification Announcement for March 2021 released on Monday, FTSE Russell announced that Malaysia will be removed from the FTSE Russell Watch List for potential reclassification of its market accessibility level from “2” to “1” and will retain its membership in the FTSE WGBI. KUALA LUMPUR: Malaysia has averted the risk of capital flight for now, after index provider FTSE Russell decided to keep the country’s bonds in its World Government Bond Index … Index provider FTSE Russell said it's going to add Chinese government bonds to the FTSE world government bond index, confirming a move it said it was likely to take in September. BNM governor Nor Shamsiah Mohamad Yunus said after its last policy meeting the central bank had a "very positive engagement" with FTSE Russell about Malaysia's status on its government bond index. Financial Markets Association of Malaysia sees the FTSE Russell’s conclusion of the Fixed Income Country Classification review as a positive move. Bhd. It congratulates FTSE Russell said Monday it may drop Malaysian debt from the FTSE World Government Bond Index because of concern about market liquidity, roiling the nation’s currency and bonds. "The liberalisation measures taken thus far are likely working but haven't sufficiently crossed the hurdle to completely take Malaysia out of the watchlist," Malaysia's Maybank Kim Eng said in a note. While congratulating Malaysia on the FTSE Russell’s decision to remove Malaysia from the watch list and retain the country’s membership in the FTSE World Government Bond Index (WGBI), the association said the concurrent announcement of inclusion of China and reviews for inclusions of other markets are a reminder that there is no room for complacency and that Malaysia needs to continue to … FTSE Russell also announced that India and Saudi Arabia will be placed on the Watch List for potential reclassification of their market accessibility level from “0” to “1”, and consideration for inclusion in the FTSE Emerging Markets Government Bond Index (EMGBI). According to the FMAM, the global reach of primary market maker and approved overseas offices as an extension of the Kuala Lumpur onshore market had yielded positive and welcoming feedback from non-resident stakeholders of multinational corporations and global investors, as both provided liquid and timely market access to the ringgit foreign exchange and fixed income instruments around the clock. “FTSE Russell is grateful for the very constructive engagement that has taken place with BNM and the number of positive initiatives that have been introduced over the last two years. On 29th March, FTSE Russell removed Malaysia from its Watch List for potentialexclusion,keepingMalaysian bonds includedin the FTSE World Government Bond Index (WGBI) - Following its inaugural fixed income country classification review in April 2019, FTSE Russell announced that Malaysian debt may be excluded from the WGBI, as the country failed to meet the necessary … The cookies are for analytical purposes and have already been set. FTSE Russell is keeping China on a watchlist for entering its flagship World Government Bond Index (WGBI) and will continue to monitor Malaysia for a possible downgrade, the index … FTSE Russell put Malaysia’s bonds on watch in April for potential exclusion from its World Government Bond Index, citing concerns about liquidity for the ringgit and the local bond market. 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