KUALA LUMPUR, July 20 — The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is expected to continue its lacklustre performance next week, dealers said.
"The sluggish scenario was expected in view of increasing funds flowing into United States as economic sentiment improved in the world’s largest economy," a dealer said.
For the week just-ended, KLIBOR futures remained untraded.
August 2013, September 2013, October 2013 and December 2013 remained at 96.80, 96.78, 96.77 and 96.76, respectively.
Open interest remained at 5,925 contracts.
The underlying three-month KLIBOR was unchanged at 3.20 per cent. — Bernama