Dim sum bonds tipped to boost nascent repo market
Early use of offshore RMB-denominated bonds and other local securities as collateral for cross-border repurchase agreements holds promise that Asia’s repo market will develop.
Dim sum bonds will be deployed as collateral in cross-border repurchase agreements by the end of this year, according to bankers.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.