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Showing posts with label Bonds. Show all posts
Showing posts with label Bonds. Show all posts

Friday, April 11, 2014

Bucharest, Romania - Introducing the bond valaution concept at a World Bank conference and proud to know Malaysia has something unique to share with a lot of developing economies - Part 07

Continuation from Bucharest, Romania - Interesting find as part of the hotel room tidbits - Part 06

The Romanian Banking Institute is situated about 20 minutes walk away from the hotel. Here is where ongoing training of banking professionals in Romania are usually held.


On the third and final day of the conference was my turn to take to the podium to share the Malaysian bond market as well as the aspects of valuation experience in the last 10 years. This was the most liveliest moment of the conference as a lot of developing countries from Europe, Africa and Latin America have not had such concepts introduced into their respective jurisdictions. Questions came thick and fast.

Quite proud to know that Malaysians do have another working idea to share with the developing world and I am in the thick of it. 

Another interesting fact about Romania: for the four days I was there, all mineral water comes from glass bottles. I don't see plastic bottle anywhere.

The picture below was taken when I set down after my presentation for the questions and answers session. Too embarrassed to take a good photo so I took this subtle/sneak picture.  
 

A question being asked by a representative of an Eastern European Central Banker (I believe from Poland).


Its noon-time in Bucharest (I've yet to change the Malaysian time on my watch - Romania is 6 hours behind Malaysia). My session has just ended. Time for lunch!


To be continued.

Thursday, March 27, 2014

Bucharest, Romania - First day of the World Bank Conference - Part 04

Continuation from Bucharest, Romania - A walk about town - Part 03

The next day was the conference day. It was held at the Romanian Banking Association training facility 20 minutes walk from the hotel. As the weather was just nice (chilly but not that cold), walking to the event was not difficult at all.

This conference was organised by The World Bank to help emerging markets learn methods and ways to improve their respective Government bond markets. A number of emerging markets participated and I was fortunate to be invited to such an event.

The set-up was very G-to-G like where everyone sits around a large square table arrangement. To ensure every participants can see the presentation without needing to swing their necks too much, flat screens were placed in strategic areas. The picture below was taken prior to the start of the event.


My spot.


This place is reminiscence of SC Malaysia's building. The large skylight room makes the area feel fresh as natural sunlight illuminates the hall.


The start of the conference. This conference was also co-hosted by the Romanian Finance Ministry.


The official title of the event.


To be continued.



Friday, December 20, 2013

Invited to Jakarta to present a paper at a conference - 04 - November 2013 - The Conference

Please refer to the previous posting.

The conference organised by the Indonesian Bond Pricing Agency was a major one. Key players in the Indonesian bond market participated. Since the Chairman of the Indonesia financial services authority or OJK will be officiating the event, a big VIP room allocated. Food and drink were provided at the side of this large room.


The stage in the main ballroom. I was the only international participant invited to speak at this local-centric conference on the bond market. I felt honoured.


The participants filling the hall.


The MD of IBPA making his presentation. After him is my turn.


Since this is a local-centric event, I had to speak in Bahasa for a good portion of my presentation as well as during the questions and answers session. Awkward!!!


To be continued.

Wednesday, July 7, 2010

Wednesday, October 21, 2009

The Malaysian bond market it at its highest in the last two years

The FiiX All Bond Index by BPA Malaysia shows that the Malaysian bond market is also showing the best ever performance for the last two years. Yesterday, the index went up to 111.86 points. This index appears to be tracking closely to the FBKLCI Equity Index.

This phenomena is very surprising and should be looked into seriously by investors. Generally, when the equity market becomes a bull market, the bond market will head to the opposite direction. In this case, it follows in the same direction. This could only mean that one of the 2 markets is wrong and a correction could be on the way!

Wednesday, October 14, 2009

Islamic Finance Bulletin September 2009

This is the 3rd quarter publication of the IFB. My article on the performance of the sukuk market using indices is in this publication.

Islamic Finance Bulletin September 2009

Tuesday, September 29, 2009

Would you invest in the Malaysian Bond Market?

If you have invested money at 4 specific dates in the past and kept your investments until today in the Malaysian bond market, your possible returns, using BPA Malaysia's FiiX all bond index as a proxy:

2 Jan 2008 - 28 Sep 2009: 4.88% p.a.
1 Jul 2008 - 28 Sep 2009: 7.53% p.a.
2 Jan 2009 - 28 Sep 2009: 1.74% p.a.
1 Jul 2009 - 28 Sep 2009: 9.00% p.a.

Would you take the plunge based on the historical performance of the market?

Thursday, September 17, 2009

Thursday, May 28, 2009

Bernama - 28 May 2009 - online edition

Bernama - 28 May 2009 - online edition

BT - 28 May 2009 - online edition

BT - 28 May 2009 - online edition

Star - Starbiz - 28 May 2009 - B5

Star - Starbiz - 28 May 2009 - B5

NST - BT - 28 May 2009 - B9

NST - BT - 28 May 2009 - B9

The Star Newspaper Article - On line version - Launching of League Tables

This is the on-line version of the article on BPA Malaysia's launching of the League Tables that came out on Thursday, 28 May 2009 in the Star Newspaper.



Friday, May 8, 2009

Best to invest in corporate bonds in Malaysia


By referring the graph above, you can get positive returns for the corporate bond segment unlike the Government bond segment which recorded a negative return for the for first 124 days of 2009.

Return For the first 124 days of 2009 [Annualized]

FiiX All Government Bond Index -1.90% [-5.59%]
FiiX All Corporate Bond Index 2.58% [7.59%]

If you made the investment in corporate papers, your return for the year is about 7.59%, much better than fixed deposit at a bank!

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