citi-authorised-as-interbank-bond-market-maker-in-china

Citi authorised as interbank bond market maker in China

Citi is the second foreign bank to be approved to make markets in onshore renminbi interest-rate products.

Rupert Walker

August 17, 2009

Citi has received regulatory approval to act as an interbank bond market maker in China, becoming only the second foreign bank after JP Morgan in May last year to be allowed to quote continuous two-way prices for a range of interest-rate products.

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