Indonesia News
ASIA CREDIT CLOSE: Remarkably resilient as Spain CDS gaps out
SINGAPORE, May 30 (IFR) - Asia's credit markets were
remarkably resilient today, with no weakness emerging towards
the close in the face of a 17bp gap up in five-year Spain CDS to
575bp/585bp at the Europe open. The Asia series 17 IG index
remained at its opening 194bp/196bp level throughout the day, or
3bp wider from yesterday's close.
Spain remains firmly in the spotlight, with Bankia's bailout
request
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