Monday, September 16, 2013

Foreign firms turn to swaps for funding





Foreign companies are increasingly using cross-currency swaps to fund onshore operations in mainland China, rather than raising money through the so-called dim sum, or yuan-denominated, bond market in Hong Kong.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1310557/foreign-firms-turn-swaps-funding

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