Citi and CIMB debut Malaysian CDS


Citi and Malaysia's CIMB have conducted the first interbank credit default swap (CDS) denominated in Malaysian ringgit.

The 25 million ringgit ($7.2 million) swap has a maturity of one year, according to parties familiar with the deal, and is referenced on Projek Lebuhraya Utara Selatan, a large infrastructure developer in Malaysia.

"The development of the ringgit credit derivatives market is critical as it will enhance the efficiency of the Malaysian corporate bond and loan markets, and will

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: