ChinaCo bonds: : new liquidity support facility explained.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
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• Resumen

  • The article discusses a liquidity support for Chinese companies that issue offshore debt to provide credit enhancement in the market. Topics discussed include the liquidity support follows the People's Bank of China's announcement in July 2013 that allows Chinese companies to give yuan-denominated loans to their subsidiaries offshore and the factors that may affect the enforceability of the liquidity support facility.