亚洲宏观策略笔记-CCS 监测：关于 CNH CCS 的三大常见问题解答-CCS monitor Your top 3 CNH CCS

Deutsche Bank Research Asia Fixed Income Asia Macro Strategy Notes CCS monitor: Your top 3 CNH CCS questions answered Asia CCS updates With Asia approaching the August 1st tariff deadline, the CCS market exhibited mixed performance over the past two weeks. Figure 1:The decline in CCS fixed rates are mostly driven by IRS rally c w bps Ne hange over last tw ee 5Y Xccy basis* 5Y IRS 5Y CCS* t o ks SGD MYR IDR PHP INR KRW THB CNH 15 10 5 0 -5 -10 -15 -20 Source :Deutsche Bank, Bloomberg Finance LP; Note: *We co ...