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KM Financial Solutions | UPDATE 1-China green-lights offshore foreign currency bonds as interbank collateral
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UPDATE 1-China green-lights offshore foreign currency bonds as interbank collateral

19 Jul UPDATE 1-China green-lights offshore foreign currency bonds as interbank collateral

Posted at 11:05h in News by
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China on Friday said that it
will soon introduce a foreign currency lending business that
will allow borrowers to use offshore foreign currency bonds as
collateral for interbank loans, in a further step toward
liberalising the country’s capital markets.

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