PLEASE READ THE AUTHOR CERTIFICATION AND IMPORTANT DISCLOSURES ON LAST PAGE CMBI Fixed Income fis@cmbi.com.hk CMBI Credit Commentary Fixed Income Daily Market Update 固定收益部市场日报 Yesterday, the new NSINTW 5 7/8 03/17/41 tightened up to 15bps from RO at T+185 and closed 10bps tighter. Other TW lifers CATLIFs/SHIKON/FUBON closed 1-2bps tighter. See our comment on NSINTW on 10 Sep'25. The new KHFC 3 7/8 09/17/30 and the new KOMATS 4.196 30 tightened 2-3bps. Away from new issues, the secondary IG space was largely ...