For small retail investor with limited bullet...

Is there any way to, say, purchase the 30-year government bond from secondary market? Which broker provide access to the market?

I'm sorry.... I tried to search in forum but couldn't get the answer....

Appreciate response... Thank you

maybe post # 19 is applicable....

How To invest in Bond(not bond fund)?
https://forum.lowyat.net/topic/494680/all

some links from here got info on how/where to buy....
https://www.google.com/search?q=where+to+bu...iw=1920&bih=963

There are four listed bonds on Bursa, three Danainfra and one Khazanah. They are as good as government bonds from a retail investor's perspective. Danainfra is a 100% MoF owned company that built and is operating the MRT while Ihsan sukuk is a Khazanah bond. The longest one available is a bond maturing in 2028, which is 9 years. Aside from that, there are bond funds that you can buy on FSM, which is in another thread.

Danainfra
https://klse.i3investor.com/servlets/stk/0400ga.jsp
https://klse.i3investor.com/servlets/stk/0400gb.jsp
https://klse.i3investor.com/servlets/stk/0400gc.jsp

Khazanah's Ihsan Sukuk
https://klse.i3investor.com/servlets/stk/0401ga.jsp

tq @ knight...

itu bursa listed bond dia punya bid/ask spread quite crazy.....

nevertheless, good finding...tq =)

Unfortunately that is the reality even for those with private banking access. Banks usually charge them similar or even worse bid/ask spreads. If there is a retail bond that is highly liquid and narrow bid/ask spread, it would probably be well known to the public already. These bursa listed bonds have the same banks acting as market maker, that's why the spreads are like that.

This post has been edited by Havoc Knightmare: Jan 25 2019, 07:02 AM

What about bonds in FSM Malaysia and Sg

Bonds not good in Asian market. Bonds only good in US and EU market.

If want to go for bond, better pick funding societies.

Want to diversify my portfolio and looking into bonds (

what are the generally coupon (interest) rate of bonds that you can invest with Malaysian banks?

Thank you. Am planning for 2-5 years

4-5%. If buying from banks, need to be priority customer.

Thank you, will check with CIMB and Maybank

In my opinion if one is getting 4%+, might as well go for FD. More secure. Also if 5%, better ignore it as ASNB is giving min 6% for their fixed price fund.

Thanks for the above suggestions. I have FDs with CIMB 12months 4.4% and Bank Islam 24months 4.65%. ASNB fixed price fund is good, i have some, but tired to key in captcha all the time (will wait for April next).

Thought of diversify into bonds. Went to HSBC, and they offer bonds+FD (rate 4.8%) bundle

It's very difficult for the retail bond market in Malaysia to develop due to relatively high FD rates and alternative options like ASB/ASNB.

Don't think non sophisticated retail investor can get specifically 30 year gov bond.

We have an ETF that tracks a mixed duration of gov bond on Bursa though:
0800EA (ABFMY1)
https://www.ambankgroup.com/sites/abfmy1/en...es/default.aspx

Not related actually.

Bond yield is always following the interest rate environment.

If FD rate out there is 3.5%, then most retail good rating bonds out there are priced at yield 4.x% to 5%.
So interest rate is not a primary issue.
Bond yield generally is always trading at least 50~100 basic above interest rate depended on their quality or rating.

Retail bond market that lack transparency and liquidity (aka you don't know how much current transaction price is), which may be one of obstacle for retail bond market to develop.
Also, retail bond market with high barrier that need at least 250K per investment, also a stumbling block for ordinary retail investors.
As generally for small retailer invest a single bond of 250K, as if the bond default afterwards may mean entire 250K in jeopardy.

For retail to participate in bond, the better way still through bond fund, or ETF, as it provides better diversification.

but, isn't asnb very hard to enter for non-bumi? still open? fix 6%? nice wei

Yes and no.
Yes if you don't know time to buy.
No if you know when to buy and follow forum. These few days people easily hentam RM10-20k. Masuk easily.

Is always open. Just whether got unit or not.

ic...i forgot asnb is more to equity one....so that's not my plan....coz i got my own equity plan d...

so...go back to bond.... looks like small fry like me only got few option
1) ABF bond index fund @ bursa malaysia
bid/ask spread killing

2) FSM Bond
FSM eat platform fee annually, eat in out fee.

3) Fixed deposit (a form of fixed income)
Do CD laddering. Itu bank rakyat FD macam gooding.

4) fund societies
I think this one is corporate bond? will consider it, but won't hoot my all bond allocation for them. I reserve more % for gomen rated bond.

Stop misleading people with the notion that ASNB fixed price fund min. return is 6%. There is no minimum return, that is just the lowest return historically. The return is still affected by the performance of the underlying equities. It can be higher or lower every year.



Funding Societies is a P2P Lending provider. There are actually a few registered with SC. I personally think it is slightly higher risk than corporate bond but since the entry level is usually very low compared to retail bond, can consider diversify into multiple notes to spread out the risk of default.

gooding bro..... mind to share ur asset allocation just for bond only? still cracking head how much % to gomen and corporate bond hehe