Malaysia government bonds
Malaysia's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| MYR Own-currency bonds | own currency: yield only, no default number | 70 | — | — | — | — | 3.71% | $3.27B |
| USD Emerging markets, US-dollar bonds | vs US Treasuries | 6 | 41 bp | — | 3.3% | — | 5.26% | $19.2M |
| JPY Other foreign-currency bonds | own currency: yield only, no default number | 1 | — | — | — | — | — | $1.8M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
USD spread history
Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.
Malaysia's MYR curve
Yield to maturity of each MYR bond US funds hold (70 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Malaysia's USD curve
Yield to maturity of each USD bond US funds hold (7 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Malaysia's debt
Fund series holding Malaysia's government and government-related bonds in their latest quarterly report: 160 now, 155 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND | 2026-07-31 | 48 | $6.16B | $1.54B |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 47 | $5.06B | $1.26B |
| VanEck J.P. Morgan EM Local Currency Bond ETF | 2026-06-30 | 46 | $1.50B | $376.8M |
| American Funds Emerging Markets Bond Fund | 2026-06-30 | 26 | $1.24B | $311.8M |
| Templeton Global Bond Fund | 2026-06-30 | 6 | $1.10B | $273.3M |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | 2026-06-30 | 4 | $1.01B | $248.5M |
| PIMCO Emerging Markets Local Currency and Bond Fund | 2026-06-30 | 17 | $875.6M | $221.6M |
| T. Rowe Price International Bond Fund (USD Hedged) | 2026-06-30 | 8 | $843.7M | $214.7M |
| T. Rowe Price Emerging Markets Bond Fund | 2026-06-30 | 2 | $555.1M | $138.3M |
| State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF | 2026-06-30 | 57 | $519.9M | $132.0M |
| Templeton Global Bond VIP Fund | 2026-06-30 | 8 | $528.0M | $130.9M |
| T. Rowe Price Global Multi-Sector Bond Fund, Inc. | 2026-05-31 | 5 | $437.2M | $114.5M |
| Capital World Bond Fund | 2026-06-30 | 17 | $427.7M | $106.1M |
| New World Fund Inc | 2026-07-31 | 7 | $400.3M | $99.9M |
| SIIT EMERGING MARKETS DEBT FUND | 2026-05-31 | 18 | $377.3M | $98.2M |
| iShares Core International Aggregate Bond ETF | 2026-07-31 | 41 | $349.6M | $88.1M |
| ABRDN ASIA-PACIFIC INCOME FUND, INC. | 2026-07-31 | 16 | $303.2M | $75.4M |
| PIMCO Emerging Markets Currency and Short-Term Investments Fund | 2026-06-30 | 2 | $299.5M | $73.7M |
| Six Circles Global Bond Fund | 2026-06-30 | 27 | $289.5M | $72.7M |
| SIT Emerging Markets Debt Fund | 2026-06-30 | 23 | $214.8M | $54.1M |
ETFs holding Malaysia's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 47 | $1.26B | 1.03% |
| EMLC VanEck J.P. Morgan EM Local Currency Bond ETF | 2026-06-30 | 46 | $376.8M | 7.73% |
| EBND State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF | 2026-06-30 | 57 | $132.0M | 5.84% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 41 | $88.1M | 0.79% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 20 | $40.0M | 1.03% |
| LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 2026-07-31 | 44 | $34.8M | 4.87% |
| BWX State Street(R) SPDR(R) Bloomberg International Treasury Bond ETF | 2026-06-30 | 55 | $33.2M | 2.47% |
| FEMB First Trust Emerging Markets Local Currency Bond ETF | 2026-07-31 | 5 | $30.8M | 8.50% |
| EMBX VanEck Emerging Markets Bond ETF | 2026-06-30 | 5 | $14.1M | 5.73% |
| VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 4 | $9.5M | 0.14% |
| ELD WisdomTree Emerging Markets Local Debt Fund | 2026-05-31 | 15 | $6.1M | 4.55% |
| BWZ State Street(R) SPDR(R) Bloomberg Short Term International Treasury Bond ETF | 2026-06-30 | 7 | $5.9M | 2.00% |
| SPSK Sp Funds Dow Jones Global Sukuk ETF | 2026-05-31 | 4 | $5.6M | 1.06% |
| XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2026-07-31 | 1 | $4.4M | 0.52% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 5 | $2.6M | 0.01% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.