PETALING JAYA: Bond Pricing Agency Malaysia Sdn Bhd (BPAM) has launched its MYOR Calculator (for the Malaysia Overnight Rate), a tool designed to support financial market participants amid Malaysia’s transition from the Kuala Lumpur Interbank Offered Rate to overnight rate-based benchmarks.
The BPAM MYOR Calculator empowers users to accurately compute MYOR and MYOR-I based interest amounts across selected periods, integrating key market conventions such as business day adjustments, reference lags, lookback methodologies and spreads into a single, streamlined process.
“The introduction of the MYOR Calculator reflects BPAM’s ongoing commitment to supporting Malaysia’s financial market participants as the market evolves towards overnight rate benchmarks. By providing a transparent and standardised approach to interest calculations, we aim to facilitate greater confidence, consistency and efficiency across the ecosystem,” said CEO and executive director, Meor Amri Meor Ayob.
Developed to drive market adoption, the BPAM MYOR Calculator enables a smoother transition towards overnight rate benchmarks by reducing operational complexity and enhancing alignment across market participants.
