CNY Forwards

Peter G. Zhang
Additional contact information
Peter G. Zhang: Shanghai Futures Exchange, China

Chapter 17 in Chinese Yuan (Renminbi) Derivative Products, 2004, pp 223-234 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Brief History of CNY ForwardsTentative Methods of the PBOCCoverage and PurposeApproval for Settlement and SalesAdministrationsCNY Forwards in the BOCCurrent Account and Capital AccountCurrenciesProcedures for CNY Forwards TransactionsExtension and Early Settlement“Margin” CallsTurnover of CNY ForwardsExamples of CNY Forward HedgingChinese Importer with Euro SettlementChinese Importer Importing from GermanyExisting ProblemsSignificant Discrepancies between Implied and Actual Interest Rate SpreadsLittle Volatility in Spot Market and Less Incentive for HedgingParticipation RestrictionsInterest Rate MechanismPotentialitySummary

Keywords: Chinese Yuan; CNY Revaluation; Non-Deliverable Forwards; CNY Forwards; CNY Non-Deliverable Options; CNY Non-Deliverable Swaps; CNY Structured Notes (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789812565839_0017 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789812565839_0017 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789812565839_0017

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().