Banks kick off RMB interest rate options trading

A group of 23 banks and 12 securities houses completed 154 renminbi interest rate option (IRO) transactions worth Rmb12.8bn ($1.81bn) on Monday. The new derivatives product is viewed as a solid step for China’s interest rate reform.
Already a subscriber? Login
Further Reading
-
Bonds
Onshore yields surge on policy, liquidity concerns
-
Securitization
SAIC-GMAC preps rapid auto ABS return
-
Regulation & Policy
The week in review: China stresses debt management, corporate governance at banks, Stock Connect to include Star shares next month, Guangzhou Futures Exchange approved
-
Bonds
ADB readies long-awaited Panda return