China sets scene for credit derivatives

China gets credit


After months of anticipation, the National Association of Financial Market Institutional Investors (Nafmii) published the Guidelines for interbank market credit risk mitigation instruments (pilot scheme) on October 29, 2010. This is a major milestone in the China interbank market and paves the way for the launch of an onshore credit derivatives market.

The instruments introduced under the pilot scheme are relatively simple. At this stage, only two types of products are allowed: credit risk mitig

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: