| 16.03.2012 - What if China widens yuan trading band? |
| China's plans to widen the yuan trading band yuan may lead to more volatility in the so-called dim sum bonds, hastening the development of the fledgling offshore derivatives market. More flexible yuan trading may also lead to active arbitrage opportunities as well as speculation risks, while issuers who have so far been enjoying the twin benefits of low yields and a rising renminbi, may have to prepare for higher costs...............................................Full Article: Source |