ETF paves way to China鈥檚 bond market
Print Edition
THE London Stock Exchange yesterday launched a product allowing small investors exposure to Chinese bond markets in the local currency, building on the British capital’s status as a global financial hub.
“The listing, the first of its type in any European market, underlines London and London Stock Exchange’s pre-eminent position as the leading Western financial center for trading of” products denominated in yuan, said a LSE statement.
The new exchange-traded fund is the first to offer both institutional and retail investors exposure to money market instruments that invest in the China Interbank Bond Market via Germany’s Commerzbank and China’s CCB International.
“This is a landmark listing for London and an important sign of the market’s openness to new yuan product development,” said LSE Chief Executive Xavier Rolet in a statement.
The fund, known as Commerzbank CCBI RQFII Money Market UCITS ETF, allows investors to make use of ETFs, which are traded like shares and are widely regarded as an inexpensive and low-risk way of investing.
Britain last year launched a yuan-denominated sovereign bond, the first of its kind by a Western nation outside China and the largest-ever non-Chinese issue.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
