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Statistics of Submissions Approved by SC in Q3 2006
2008
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 2007
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 2006
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2005
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2002

Q4 2006

Table 9: Approved RM-denominated PDS Issues

Type

Q4 2006

Q3 2006

Q1-Q4 2006

Q1-Q4 2005

No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

Conventional

12

13,525.00

161

8,303.00

523

33,813.80

495

19,345.62

Sukuk

15

11,700.00

162

12,385.00

644

42,018.87

776

43,317.00

Total

27

25,225.00

32

20,688.00

116

75,832.67

126

62,662.62
1 Include three asset-backed securities (ABS) amounting to RM1.47 billion.
2 Include one issue of negotiable certificate of deposits amounting to RM2 billion.
3  Include five ABS amounting to RM12.7 billion.
4 Include two ABS amounting to RM470 million and one issue of negotiable certificate of deposits amounting to RM2 billion.
5  Include five ABS amounting to RM4.4 billion and one issue of negotiable certificate of deposits amounting to RM2 billion.
6  Include three ABS amounting to RM5.4 billion and one Sukuk issued by a Multilateral Development Bank amounting to RM2 billion.

Table 10: Approved Foreign Currency-denominated PDS Issues by Foreign Corporations

Type

Q4
2006

Q3
2006

Q1-Q4
2006

Q1-Q4
2005

No. of offers

Size of offers
('mil)

No. of offers

Size of offers
('mil)

No. of offers

Size of offers
('mil)

No. of offers

Size of
offers
('mil)

Conventional
1

JPY30,000.00
-
-

1

USD6,500.00

1

USD1,500.00

1

JPY30,000.00

1

GBP20,000.00

Sukuk
21
-

22

USD100.00

53

USD300.00

2

USD1,500.00
1 Offer size are yet to be finalised at the point of approval.
2 Include one offer which has yet to finalise the offer size at the point of approval.
3 Include three offers which have yet to finalise the offer size at the point of approval.

Table 11: Approved Foreign Currency-denominated PDS Issues by Malaysian Issuers

Type

Q4 2006

Q3 2006

Q1-Q4 2006

Q1-Q4 2005

No. of offers

Size of offers
('mil)

No. of offers

Size of offers
('mil)

No. of offers

Size of offers
('mil)

No. of offers

Size of

offers
('mil)

Conventional

-

-

-

-

1

USD400.00

2

USD600.00

Sukuk

-

-

-

-

-

-

1

USD500.00

Total

-

-

-

-

1

USD400.00

3

USD1,100.00

Table 12: Approved PDS Issues by Cagamas Berhad

Type

Q4 2006

Q3 2006

Q1-Q4 2006

Q1-Q4 2005

No. of issues

Size of issues
(RM mil)

No. of issues

Size of issues
(RM mil)

No. of issues

Size of issues
(RM mil)

No. of issues

Size of issues
(RM mil)

Conventional

1

200.00

2

550.00

14

4,430.00

7

1,640.00

Sukuk

-

-

3

1,000.00

13

3,500.00

5

900.00

Total

1

200.00

5

1,550.00

27

7,930.00

12

2,540.00

Table 13: Approved Program Issuance of Structured Products

Type

Q4 2006

Q3 2006

Q1-Q4 2006

Q1-Q4 2005

No. of issues

Size of issues
(RM mil)

No. of issues

Size of issues
(RM mil)

No. of issues

Size of issues
(RM mil)

No. of issues

Size of issues
(RM mil)

Conventional

2

6,800.00

1

10,000.00

7

20,990.00

20

43,549.80

Sukuk

-

-

1

1,000.00

1

1,000.00

-

-

Total

2

6,800.00

2

11,000.00

8

21,990.00

20

43,549.80

 

Q3 2006

Table 9: Approved RM-denominated PDS Issues

 

Q3 2006

Q2 2006

Q3 2005

No. of issues

Size of issues (RM'mil)

No. issues

Size of issues (RM'mil)

No. issues Size of issues (RM'mil)

Conventional

16 1

8,303.000

15 2

10,600.500

15 3

5,132.42

Islamic

16

12,385.000

16

4,376.874

27 4

14,699.00

Total

32

20,688.000

31

14,977.374

42

19,831.416
1 Include three ABS issue amounting to RM1.47 billion.
2 Include two ABS issue amounting to RM1.5 billion.
3 Include one ABS issue amounting to RM175.0 million.
4 Include one ABS issue amounting to RM2.5 billion.
 

Table 10: Foreign Currency-denominated PDS Issues by Foreign Corporations
 

Q3 2006

Q2 2006

Q3 2005

No. of offers

Size of offers ('mil)

No. of offers

Size of offers ('mil)

No. of issues

Size of offers ('mil)

Conventional

-

-

-

-

1

GBP20,000.00

Islamic

2

USD100.001

1

USD200.00

-

-

Total

2

USD100.00

1

USD200.00

1

GBP20,000.00

1 Include one offer which has yet to finalise the offer size at the point of approval.
 

Table 11: Foreign Currency-denominated PDS Issues by Malaysian Issuers
 

Q3 2006

Q2 2006

Q3 2005

No. of issues

Size of issues (USD'mil)

No. of issues

Size of issues (USD'mil)

No. of issues

Size of issues (USD'mil)

Conventional

-

-

1

400.00

-

-

Islamic

-

-

-

-

1

500.00

Total

-

-

1

400.00

1

500.00

 

Table 12: Approved PDS Issues by Cagamas Berhad
 

Q3 2006

Q2 2006

Q3 2005

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

Conventional

2

550.00

6

2,395.00

-

-

Islamic

3

1,000.00

2

300.00

-

-

Total

5

1,550.00

8

2,695.00

-

-

 

Table 13: Number and Size of Approved Programme Issuance of Structured Products

 

Q3 2006

Q2 2006

Q3 2005

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

Conventional

1

10,000.00

-

-

8

18,000.00

Islamic

1

1,000.00

1

1,800.00

-

-

Total

2

11,000.00

1

1,800.00

8

18,000.00

 

 

Q2 2006

Private Debt Securities

Table 7: Approved RM-denominated PDS Issues
 

Q2 2006

Q1 2006

Q2 2005

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

Conventional

151

10,600.500

10

3,385.30

152

3,482.05

Islamic

16

4,376.874

16

11,557.00

183

13,345.00
Total

31

14,977.374

26

14,942.30

33

16,827.05
1 Includes two ABS issue amounting to RM1.5 billion.
2 Includes two ABS issues amounting to RM1.6 billion.
3 Includes one Islamic securities issue by a Multilateral Development Bank amounting to RM2 billion.

Table 8: Foreign Currency-denominated PDS Issues by Malaysian Issuers

 

Q2 2006

Q1 2006

Q2 2005

No. of issues

Size of issues (USD'mil)

No. of issues

Size of issues (USD'mil)

No. of issues

Size of issues (USD'mil)

Conventional

1

400.00

-

-

2

600.00

Islamic

-

-

-

-

-

-
Total

1

400.00

-

-

2

600.00

Table 9: Foreign Currency-denominated PDS Offer by Foreign Corporation

 

Q2 2006

Q1 2006

Q2 2005

No. of offers

Size of offers (USD'mil)

No. of offers

Size of offers (USD'mil)

No. of offers

Size of offers (USD'mil)

Conventional

-

-

1

6,500.001

1

1,500.00

Islamic

1

200.00

-

-

1

1,000.00
Total

1

200.00

1

6,500.00

2

2,500.00

1 Offer in Malaysia was part of a global offering.

Table 10:       Approved PDS Issues by Cagamas Berhad

 

Q2 2006

Q1 2006

Q2 2005

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

Conventional

6

2,395.00

6

1,285.00

5

780.00

Islamic

2

300.00

8

2,200.00

2

200.00
Total

8

2,695.00

14

3,485.00

7

980.00

Table 11:Number and Size of Approved Programme Issuance of Structured Products

 

Q2 2006

Q1 2006

Q2 2005

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

No. of issues

Size of issues (RM'mil)

Conventional

-

-

3

2,390.00

5

6,299.90

Islamic

1

1,800.00

-

-

-

-
Total

1

1,800.00

3

2,390.00

5

6,299.90

 

Q1 2006

Private Debt Securities

The SC approved 26 private debt securities (PDS) issues (excluding issuance by Cagamas Berhad) with a total approved issuance limit of RM14.9 billion in the first quarter of 2006 (Table 2). Out of these approved issues, 61.5% were for Islamic securities, while the remaining 38.5% were for conventional PDS issues. With a total of 26 issues, the number of approved PDS issues in the first quarter increased by about 62.5% as compared to the total PDS issues approved in the same quarter last year. In terms of approved issuance limit, a significant increase of 311% was recorded in the first quarter as compared to the total approved issuance limit in the same quarter last year.

Table 2: Number and Size of Approved RM-denominated PDS Issues
Type
Q1 2006
Q4 2005

Q1 2005

 
No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

Conventional

10

3,385.30

13 1

8,400.00

6

331.15

Islamic

16

11,557.00

22 2

11,972.00

10 3

3,301.00

Total

26

14,942.30

35

20,372.00

16

3,632.15

1 Include two Asset-Backed Securities (ABS) amounting to RM2.6 billion.
2 Include one ABS amounting to RM442.0 million.
3 Include one ABS amounting to RM2.5 billion.

In addition to PDS issues proposed by Malaysian issuers, the SC approved one offer of foreign currency-denominated PDS issue by a foreign corporation worth USD6.5 billion (as part of its global offering) in the first quarter (Table 3).

Table 3: Number and Size of Foreign Currency-denominated PDS Issues by Foreign Corporation
Type
Q1 2006
Q4 2005
Q1 2005
 
No. of issues

Size of issues
(USD'mil)

No. of issues

Size of issues
(USD'mil)

No. of issues

Size of issues
(USD'mil)

Conventional

1

6,500.00

-

-

-

-

Islamic

-

-

-

-

1

500.00

Total

1

6,500.00

-

-

1

500.00

With regard to PDS issues by Cagamas Berhad, the SC approved a total of 14 PDS issues amounting to RM3.5 billion in the first quarter. Eight of these approvals were for the issuance of Islamic securities while the remaining six approvals were for the issuance of conventional PDS representing 57.1% and 42.9% respectively (Table 4).

Table 4: Number and Size of Approved PDS Issues by Cagamas Berhad
Type
Q1 2006
Q4 2005
Q1 2005
 
No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

Conventional

6

1,285.00

2

860.00

-

-

Islamic

8

2,200.00

1

500.00

2

200.00

Total

14

3,485.00

3

1,360.00

2

200.00

The SC approved three programme issuance of structured products with a total size of up to RM2.4 billion in the first quarter of 2006 as compared to five programme issuance with a total size of up to RM8.3 billion in the same quarter last year (Table 5).

Table 5: Number and Size of Approved Programme Issuance of Structured Products
Type
Q1 2006
Q4 2005
Q1 2005
 
No. of issues

Size of issues
(RM'mil)
No. of issues

Size of issues
(RM'mil)

No. of issues

Size of issues
(RM'mil)

Conventional

3

2,390.00

3

10,900.00

5

8,349.90

Islamic

-

-

-

-

-

-

Total

3

2,390.00

3

10,900.00

5

8,349.90