Shanghai exchange repo rules to boost China ABS

The stock exchange loosens limitations in pledge-style bond repurchases and leaves more flexibility for investors and bondholders.
The Shanghai Stock Exchange
The Shanghai Stock Exchange

The new debt repurchase (or repo) business launched last week by the Shanghai Stock Exchange should help in the development of China’s asset-backed securities market by widening the range of collateral that can be used to include ABS.

¬ Haymarket Media Limited. All rights reserved.

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