Chinese Yuan (CNY)

CNY Swaps: 1-5y NDIRS bid after property rescue; Steeper ...

The surprising property sector rescue plan triggered strong paying in the 1-5y zone of the CNY NDIRS curve. Steepening of 2s/5s would be short-lived.

Asia-Pacific New Issues: AUD covered bonds; 3y Dimsum

There have been a couple of 3y deals in Asia, including a 2-tranche AUD covered bond offer and a Dimsum bond.