CNH CCS curve

Nomura: Surge in corporate bond issue in China

Considering fairly attractive yields and stable interbank liquidity, analysts at Nomura are positive on China's fixed income instruments in the medium term. Albert Leung and Prashant Pande of Nomura said in their March 23 research note titled “China rates: Thoughts and trade ideas” that they believe CNH liquidity will stay flush as the CNH deposit base stabilized near CNH 850 billion in January.
Surge in corporate bond issue in China
Leung and Pande point . . .

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