Manage your RMB exposure arising from business relationships with Chinese companies with our RMB capabilities
Manage your RMB exposure arising from business relationships with Chinese companies with our RMB capabilities. Our dedicated RMB market experts can help you explore cross-border opportunities in offshore RMB hedging, financing, and yield enhancement, therefore lowering your hedging and financing costs.
Why choose DBS RMB Capabilities?
The acronym “CNY” is the official currency code for the lawful currency of the People’s Republic of China and refers to onshore RMB funds. CNY products in offshore markets are non-deliverable (i.e. no physical settlement in RMB) due to regulatory exchange control. Meanwhile “CNH” is a generic name given to RMB traded outside mainland China and generally refers to offshore RMB funds.
That depends entirely on the market at the time. For example, if you want to raise USD, in some instances it might be less costly for you to raise offshore RMB funds and a USD/RMB Cross-Currency Swap rather than straight USD financing. Please call us at (852) 2290 8068 for more information.
We are one of the region’s leading underwriters of offshore RMB bonds, and have extensive experienced in arranging offshore RMB bonds for China, Hong Kong and Singapore corporate clients. Most notably, in 2011 we were joint book runner on ICBC’s offshore RMB bond issuance, which was named the Best Offshore RMB Bond in 2011 by FinanceAsia. This offering was also the first Basel III-compliant instrument issued by a Hong Kong bank and the first subordinated bond issued in Hong Kong's offshore RMB market.
How do I apply?
Please contact your Relationship Manager or call DBS Business Care at 2290 8068 and we will arrange for a product specialist to speak with you.
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