Why CNH and CNY investors price the same credits differently: Fidelity
The price of the same bond can differ considerably in the offshore and onshore RMB markets, due to a divergence in opinion about government support, but whether this is justified is yet to be tested.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts