ASEAN3 GOVERNMENT BOND INDEX (A3GBI)
24 April, 2018
Bond Pricing Agency Malaysia (BPAM) announced the launch of the new ASEAN3 Government Bond Indices (A3GBI), created in partnership with Indonesia Bond Pricing Agency (IBPA) and The Thai Bond Market Association (ThaiBMA). This represents the first time in the history of ASEAN that such collaboration has taken place.
The launch of the A3GBI at the Ritz-Carlton Hotel in Kuala Lumpur was officiated by En. Kamaruddin Hashim, Executive Director, Market & Corporate Supervision, Securities Commission Malaysia. Representing IBPA was En. Wahyu Trenggono, Director, and Dr. Kulkunya Prayarach, Head of Bond Pricing and Product Development Department, attended on behalf of ThaiBMA.
With this background, the need for reliable and sophisticated data sets to measure and track market performance is becoming really important. This environment formed a perfect setting for cooperation between the bond pricing providers in the ASEAN region. The A3GBI is designed to track the performance of local-currency-denominated government bonds in Ringgit, Rupiah, and Baht.