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
CT has established an interactive treasury webcast service. With access to exclusive, upcoming interactive events, treasurers can watch and listen in live or download the archive of webcasts at a convenient time.
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.
Banks are now able to facilitate renminbi cross-border loans for corporates' activities outside of China. CT asks how important this pilot scheme really is.