Taiwan lifers want local listings for RMB Basel III deals

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Taiwan lifers want local listings for RMB Basel III deals

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After an eye-catching surge of Formosa bond issuance from international issuers in the first few months of this year, Taiwan’s renminbi market has been cooling down since early April. Amid the dearth of issuance, local insurers have told GlobalRMB they would like to see RMB AT1 and tier two offerings come to Taiwan.

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