Bond Factsheet
Bond Factsheet
MCISIB 5.300% 29Dec2031 Corp (MYR)

MCIS Insurance Berhad

Indicative

Full Lot

Bid Price
99.944
Change in Bid Price
remove 0.001
Bid Yield (%)
5.310 %
Change in Bid Yield
-
Ask Price
100.467
Change in Ask Price
remove 0.002
Ask Yield (%)
3.204 %
Change in Ask Yield
remove 0.016

Indicative price as of 02 Oct 2026, 4:25pm

Created with Highcharts 10.3.3Yield (%)Chart context menuYield1 Sep3 Sep5 Sep7 Sep9 Sep11 Sep13 Sep15 Sep17 Sep19 Sep21 Sep23 Sep25 Sep27 Sep29 Sep1 Oct3456

Ask Yield to Worst

Bid Yield to Worst

Ask Yield to Maturity

Bid Yield to Maturity

Bond Feature(s)
Issuer Call
Bond InformationMCIS Insurance Berhad operates as an insurance firm. The Company offers life, investmentlinked, group scheme, retirement, savings, and healthcare insurance products and services. MCIS Insurance serves customers in Malaysia.

Bond Issuer

MCIS Insurance Berhad

Guarantor

-

Announcement Date

24 Dec 2021

Issue Date

29 Dec 2021

Maturity Date

29 Dec 2031

Years to Maturity / Next Call

5.236 / 0.234

Modified Duration

4.457 @ 02 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.300

Coupon Type

Fixed

Annual Coupon Rate

5.300

Coupon Frequency

Semi Annually

Seniority

Subordinated

Reference Rate

-

ISIN

MYBPN2100112

CUSIP

BT2255185

Bond Currency

MYR

Total Issue Size

200,000,000

Min. Investment Quantity (Nominal)

MYR 1,000

Incremental Quantity (Nominal)

MYR 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Insurance

Issuer Credit Rating (S&P/ Fitch/ RAM)

***/ N.R/ A2

Bond Credit Rating (S&P/ Fitch/ RAM)

***/ N.R/ A3

Shariah Compliant

No

Exchange Listed

No

Bond Feature(s)
Issuer Call
The Issuer shall have an Optional Redemption option, whereby the Issuer shall have the option to redeem the Subordinated Debt (in whole or in part) at the Redemption Amount on the Call Date, subject to the Redemption Conditions being satisfied. In addition, the Issuer shall not do anything that creates an expectation that the Optional Redemption option will be exercised.

“Call Date” means the date falling on the fifth anniversary of the issue date of the Subordinated Debt, and any Coupon Payment Date (as defined in the paragraph entitled “Other terms and conditions - ‘Coupon / interest Payment frequency”) thereafter.

Callable on 29 Dec 2026 and every 6 months thereafter.
Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Related Documents info
picture_as_pdf
Offering Circular
ISSUANCE OF TIER 2 SUBORDINATED DEBT OF UP TO RM200.0 MILLION IN NOMINAL VALUE. This Information Memorandum is dated 23 November 2021
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