Market Overview: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is expected to remain muted next week, with no trading activity recorded in the past week.
Current Activity: Both trading volume and open interest for the contracts remained at zero, indicating a lack of market engagement. Spot month contracts for October 2024, November 2024, December 2024, and March 2025 remained unchanged at 96.45.
Underlying Rates: For the week concluded, the underlying three-month KLIBOR stood at 3.55%, maintaining its stability amidst a lack of trading activity.
Conclusion
With no significant changes or trading in KLIBOR futures, the market outlook remains quiet as participants await potential catalysts for movement.
