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HSBC issued yesterday the first bond in the Singapore offshore renminbi (RMB) market, marking the first RMB bond in ASEAN and coinciding with the historical start of yuan clearing in Singapore.

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                    [AuthorName] => Donnabelle L. Gatdula
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MATTHEW CANNON

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abtest

HSBC issues 1st yuan-denominated notes in S’pore

By Donnabelle L. Gatdula | May 29, 2013 - 12:00am

HSBC issued yesterday the first bond in the Singapore offshore renminbi (RMB) market, marking the first RMB bond in ASEAN and coinciding with the historical start of yuan clearing in Singapore.

Business