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BOC launches RMB bond trading index
Published Tue, Oct 20, 2015 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BANK of China (BOC) on Tuesday launched its RMB (renminbi) Bond Trading Index - a move that comes on the back of the gradual internationalisation of China's capital markets and its currency.
The index will allow overseas investors to understand the interbank bond market, track market prices, and raise the efficiency of trading.
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