The People’s Bank of China announced yesterday afternoon that corporates can now invest in certificates of deposit, a much needed move to complete interest rate liberalisation
In exclusive partnership with East & Partners Asia, CT earmarks what treasurers care about in a trade bank. Clearly most prefer to use electronic-based trade documentation where possible.
Taiwanese money market funds are struggling to perform amid low interest rates. Some managers are shortening the duration of their portfolios, possibly in expectation of a rate rise.