China opens up govvies, derivatives to foreign banks
The China Banking and Insurance Regulatory Commission (CBIRC) is lifting the bar on international banks to underwrite Chinese government bonds and their local branches to trade derivatives, one of a slew of measures released this weekend to set foreign banks in China free and increase competition in the onshore market.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
Further Reading
-
Asia - The GlobalCapital View
China needs to get going on TLAC bonds
-
GlobalRMB
The week in review: China’s exports contract, foreign ownership cap for life insurers lifted, import tariffs on US pork and soybeans to be waived
-
GlobalRMB
GAC-Sofinco drives home tightly priced auto ABS
-
GlobalRMB
China market and policy round-up: trade war jitters return, Huawei loses some domestic support, PBoC signs currency swap with Macau
