High costs limiting CNY corporate swaps market

Isda AGM: Demand growing but high capital costs burdening banks

William Shek
William Shek, HSBC: Onshore swaps hampered by collateral and netting concerns

Read all our coverage from the Isda AGM here.

The trading of interest rate swaps between banks in China’s onshore market has grown, but the dealer-to-client market on the mainland still faces cost hurdles, according to William Shek, head of credit and rates for Asia-Pacific at HSBC.

Chinese companies are increasingly using interest rate swaps to hedge Shibor-linked loans. The interdealer market to manage these risks is thriving as clearing of swaps is common and the trades are regularly

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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