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Bloomberg Markets· Marcus Wong·· 1 天前AI 评分56

分析师称新加坡元因融资成本低于日元而更受套利交易青睐

Singapore Dollar Gains on Yen as Carry Funder, Analysts Say

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分析师称,新加坡元正成为套利交易中更受青睐的融资货币,原因是借贷成本较低且升值预期减弱,相较日元更具吸引力。新加坡金融管理局上周意外维持政策不变,强化了市场对新加坡元涨幅有限的预期;避险资金流入也压低了远期隐含收益率这一短期借贷成本指标。

正文

October 22, 2026 at 1:10 AM UTC

The Singapore dollar is gaining favor as a funding currency for carry trades as cheap borrowing costs and fading expectations for appreciation make it increasingly attractive relative to the Japanese yen, strategists say.

The Monetary Authority of Singapore kept policy settings unchanged last week in a surprise move, reinforcing expectations for more limited currency gains after tightening in April and July. At the same time, strong safe-haven inflows into Singapore have flooded local money markets, pushing down forward-implied yields, a measure of short-term borrowing costs.

来源:Bloomberg Markets · bloomberg.com