Chinese Yuan (CNY)
CNY Swaps: Busy 5y flow after PBOC's surprising RRR cut; ...
PBOC surprised the market by its 25bps RRR cut late on Friday. 5y swaps saw good amount of flow and 1s/5s NDIRS flattened out.
Asia-Pacific New Issues: KfW new kangas; ANZ EUR and USD ...
More Kangaroo bonds with KfW raising AUD550m via a new 6-year deal. ANZ sold EUR and USD bonds in size, and NAB has tapped the Dim sum bond market.