KLIBOR FUTURES DOMINATED BY STRIP TRADES

KUALA LUMPUR, Nov 19 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives were dominated by strip trades today, dealers said.

The market saw 12 strip trades of 200 lots each for the December 2009 contract and from March 2010 to September 2012.

Total volume was higher at 2,400 lots compared to 41 lots yesterday while open interest rose to 32,942 contracts from 32,932 contracts previously.

The underlying KLIBOR stood flat at 2.15 per cent.

As for the five-year Malaysian Government Securities (MGS), no trading was recorded throughout the day. -- BERNAMA

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