HALISTER1: Malaysia, Philippines CDS Premium Up; Ringgit 1-Month NDF Slides

Malaysia, Philippines CDS Premium Up; Ringgit 1-Month NDF Slides

(Bloomberg) -- Five-year credit protection costs for Philippines climb 6 bps to 116.5 bps, highest since March 1, according to CMA New York data.
  • Malaysia 5-year CDS rose 1.5 bps to 168 bps, highest since March 8
  • USD/MYR 1-month NDF now down 0.1% to 3.9850 after touching 3.9900 in New York session; onshore spot close yday at 3.9310
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Source: BFW (Bloomberg First Word)

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