Corps Shift To Renminbi Target Redemptions

08 Jan 2013

Corporates are switching to target redemption forwards from bonus non-deliverable forwards to hedge renminbi exposure for 2013.

Corporates are switching to target redemption forwards from bonus non-deliverable forwards to hedge renminbi exposure for 2013.

Corporate renminbi hedging is generally annual and concentrated within the first two weeks of January. Last year saw record volumes of NDFs, with trading volumes topping USD5 billion in the first ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial