Opened interest: foreign firms eye China's rate swap market

However regulatory and operational challenges set to slow growth

china-open-door
Opening up the interbank bond market was a significant milestone

There are seven and a half trillion reasons why global investors are interested in accessing China's onshore bond market. That is how much the market is worth in US dollars, according to the Bank for International Settlements, which is only bettered by Japan ($11 trillion) and the US ($36 trillion).

So the decision by the People's Bank of China (PBoC) in February to expand direct access to the interbank bond market, which accounts for 90% of onshore volumes, from just central banks to pretty

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here