About BPA Malaysia

BPA Malaysia is currently the only registered bond pricing agency as accredited by the Securities Commission of Malaysia. Our coverage of the Malaysian Bond and Sukuk market is the definitive market standard, and our bond and sukuk valuation methodology remains unparalled. With several million data fields ranging from terms and conditions, credit, trading , evaluated pricing and indices, our data meets the needs of over 100 financial institutions worldwide.

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Most Active Bonds as at 26-Dec-2025 17:23
Stock Name Principle (Conv/Islm) Last Traded Price Last Traded Yield Last Traded Discount Traded Amount Rating
  GII MURABAHAH 3/2019 3.726% 31.03.2026   ISLAMIC   100.220     2.814     0.000     510     NR(LT)  
  GII MURABAHAH 1/2024 4.280% 23.03.2054   ISLAMIC   105.700     3.943     0.000     270     NR(LT)  
  MGS 3/2016 3.900% 30.11.2026   CONVENTIONAL   100.930     2.864     0.000     176     NR(LT)  
  GII MURABAHAH 3/2016 4.070% 30.09.2026   ISLAMIC   100.900     2.844     0.000     152     NR(LT)  
  MTB 2/2025 365D 23.04.2026   CONVENTIONAL   99.116     2.855     2.830     125     NR(ST)  
  MTB 3/2025 273D 26.05.2026   CONVENTIONAL   98.860     2.863     2.830     100     NR(ST)  
  MGS 1/2019 3.906% 15.07.2026   CONVENTIONAL   100.610     2.731     0.000     89     NR(LT)  
  PTPTN IMTN 12.03.2027   ISLAMIC   101.470     3.190     0.000     70     NR(LT)  
  YTL CORP MTN 2192D 10.4.2029   CONVENTIONAL   103.170     3.752     0.000     60     AA1  
  GII MURABAHAH 1/2023 3.599% 31.07.2028   ISLAMIC   101.245     3.094     0.000     50     NR(LT)  
 
Conventional and Islamic YTM Curves
 

Conventional YTM Matrix as at 26-Dec-2025
Class 1Y 2Y 3Y 5Y 7Y 10Y 15Y 20Y 25Y 30Y
Govt MGS 2.840 2.964 3.080 3.294 3.416 3.557 3.792 3.883 3.940 3.997
Quasi-Govt Cagamas 3.350 3.410 3.470 3.570 3.650 3.770 3.940 4.050 4.100 4.160
Khazanah 3.160 3.230 3.300 3.430 3.560 3.710 3.910 4.010 4.060 4.110
Financial AAA 3.420 3.510 3.560 3.640 3.720 3.830 3.970 4.090 4.150 4.210
Corp (G) AAA (G) 3.420 3.510 3.560 3.640 3.720 3.830 3.970 4.090 4.150 4.210
Corp AAA 3.420 3.510 3.560 3.640 3.720 3.830 3.970 4.090 4.150 4.210
ABS AAA 3.440 3.528 3.578 3.658 3.738 3.848 3.988 4.128 4.205 4.273
 
Islamic YTM Matrix as at 26-Dec-2025
Class 1Y 2Y 3Y 5Y 7Y 10Y 15Y 20Y 25Y 30Y
Govt MGS 2.883 3.025 3.140 3.290 3.415 3.579 3.777 3.873 3.950 4.028
Quasi-Govt Cagamas 3.350 3.410 3.470 3.570 3.650 3.770 3.940 4.050 4.100 4.160
Khazanah 3.160 3.230 3.300 3.430 3.560 3.710 3.910 4.010 4.060 4.110
Financial AAA 3.420 3.510 3.560 3.640 3.720 3.830 3.970 4.090 4.150 4.210
Corp (G) AAA (G) 3.420 3.510 3.560 3.640 3.720 3.830 3.970 4.090 4.150 4.210
Corp AAA 3.420 3.510 3.560 3.640 3.720 3.830 3.970 4.090 4.150 4.210
ABS AAA 3.440 3.528 3.578 3.658 3.738 3.848 3.988 4.128 4.205 4.273
 
FTSE BPAM Bond Indices Daily Snapshot as at 26 December 2025
FTSE BPAM All Bond Index Series 
 FTSE BPAM Liquid Index Series
               Index Value (T):223.317               Index Value (T):212.966
               Index Value (T-1):223.238               Index Value (T-1):212.878
               Day on day change:0.079                 Day on day change:0.088  
               % Change:0.035 %                 % Change:0.041 %  
 
               Index Value (T):214.123               Index Value (T):203.981
               Index Value (T-1):214.040               Index Value (T-1):203.885
               Day on day change:0.083                 Day on day change:0.096  
               % Change:0.039 %                 % Change:0.047 %  
 
               Index Value (T):231.478               Index Value (T):217.372
               Index Value (T-1):231.400               Index Value (T-1):217.329
               Day on day change:0.078                 Day on day change:0.043  
               % Change:0.034 %                 % Change:0.020 %  
 
               Index Value (T):211.121               Index Value (T):212.400
               Index Value (T-1):211.049               Index Value (T-1):212.313
               Day on day change:0.072                 Day on day change:0.087  
               % Change:0.034 %                 % Change:0.041 %  
 
               Index Value (T):249.932               Index Value (T):259.718
               Index Value (T-1):249.831               Index Value (T-1):259.590
               Day on day change:0.101                 Day on day change:0.128  
               % Change:0.040 %                 % Change:0.049 %  
 
 
Upcoming New Issues
Stock Name Issue Date Issue Tenure Issue Amount (MYR mil) Rating Instrument Type Principle (Conv/Islm)
  GEGM 4.720% 29.12.2045   29/12/2025     20Y     150     NR(LT)     BONDS   CONVENTIONAL
  GVB MTN Sr 1 Tr A 30.12.2026   30/12/2025     1Y     300     NR(LT)     MTN   CONVENTIONAL
  GVB MTN Sr 1 Tr B 30.12.2027   30/12/2025     2Y     450     NR(LT)     MTN   CONVENTIONAL
  GVB MTN Sr 1 Tr C 29.12.2028   30/12/2025     3Y     600     NR(LT)     MTN   CONVENTIONAL
  GVB MTN Sr 1 Tr E 30.12.2030   30/12/2025     5Y     900     NR(LT)     MTN   CONVENTIONAL
  GVB MTN Sr 1 Tr D 28.12.2029   30/12/2025     5Y     750     NR(LT)     MTN   CONVENTIONAL
  MNH Tranche 3 MTN 2557D 31.12.2032   31/12/2025     7Y     2     NR(LT)     MTN   CONVENTIONAL
  PDSB MTN 2424D 20.8.2032 (Tr1SubTr1CSr5)   31/12/2025     7Y     6     NR(LT)     MTN   CONVENTIONAL
  NCT WORLD IMTN FLOATING RATE 30.03.2028   30/12/2025     3Y     33     NR(LT)     MTN   ISLAMIC
  NCT WORLD IMTN FLOATING RATE 29.09.2028   30/12/2025     3Y     19     NR(LT)     MTN   ISLAMIC
  NCT WORLD IMTN FLOATING RATE 30.06.2028   30/12/2025     3Y     33     NR(LT)     MTN   ISLAMIC
  F&NCAP ICP 182D 30.06.2026   30/12/2025     6M     160     MARC-1 IS (CG)     CP   ISLAMIC
  STJ ICP-CPN 90D 30.03.2026 - Series 12 Tranche 1   30/12/2025     3M     433     NR(ST)     CP   ISLAMIC
 


Glossary :
 Conv  Conventional principle
 Islm  Islamic principle
 MGS  Malaysian Government Securities. Conventional bonds issued by the Government of Malaysia
 GII  Government Investment Issue. A sukuk issued by the Government of Malaysia
 Yield To Maturity (YTM)  The expected rate of return of a bond with the assumption it is held until the maturity date
 Quasi-Govt  An organisation that has a close affiliation with the government or is set up under a government initiative
 Fair Val  Bond Pricing Agency Malaysia Sdn Bhd [200401028895 (667403-U)]'s fair valuation
 YTM Spread  Difference between this and previous week's YTM
 N.A.  Not Available
 AAA, AA, A and BBB YTM represent Corporate ratings consolidated from RAM & MARC
 YTM is calculated in Percentage (%)
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Disclaimer
Information on this page is intended solely for the purpose of providing general information on the Ringgit Bond market and is not intended for trading purposes. None of the information constitutes a solicitation, offer, opinion, or recommendation by Bond Pricing Agency Malaysia Sdn Bhd [200401028895 (667403-U)] to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services regarding the profitability or suitability of any security or investment. Investors are advised to consult their professional investment advisors before making any investment decision. Materials provided on this page are provided on an "as is" basis, and while care has been taken to ensure the accuracy and reliability of the information provided in this page, Bond Pricing Agency Malaysia Sdn Bhd [200401028895 (667403-U)] provides no warranties or representations of any kind, either express or implied, including, but not limited to, warranties of title or implied warranties of fitness for a particular purpose, accuracy, correctness, non-infringement, timeliness, completeness, or that the information is always up-to-date.