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Hong Kong firms to issue renminbi bonds

12 February 2010

Companies based in Hong Kong can now issue renminbi bonds under new guidelines announced by the Hong Kong Monetary Authority.

Read more: [Hong Kong Monetary Authority renminbi bonds] [renminbi bonds renminbi funds hong Kong]

Companies based in Hong Kong can now issue renminbi bonds and borrow renminbi funds in the city under new guidelines announced by the Hong Kong Monetary Authority.

Renminbi raised through bond issues can now...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010