Market awaits GMRA green light after China repo relaxation
ICMA reviewing new PBoC rules and “potential implications” for GMRA eligibility onshore
Dealers are waiting for final confirmation that international documentation on repurchase agreements will be eligible for use in China’s onshore market, after the country’s central bank last month broadened access to the repo market for offshore investors.
Under new rules announced on September 26, all overseas investors eligible for cash bond trading in China onshore – through access schemes such
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