Citi joins enhanced Northbound Repo Connect scheme as primary liquidity provider
Enhancements to the initiative expand offshore RMB liquidity tools with multi-currency settlement and collateral reuse.
Tag: People’s Bank of China
Swap Connect launches as first derivatives trading link between Mainland China and Hong Kong
New programme initially launches with a Northbound channel, offering Hong Kong and international investors access to Mainland China’s interbank interest rate swap markets.
Southbound trading under Bond Connect to go live in one week’s time
Regulators give the green light to a Southbound Bond Connect channel, connecting Mainland China investors to the Hong Kong bond market to encourage outbound investment.
Deutsche Bank approved as qualified primary dealer for China’s open market
Deutsche Bank China is the first Eurozone bank to qualify for approval from the People’s Bank of China.