RMB Global Markets Services
•RMB Spot / Forward / Optional Forward
Client can exchange RMB with other currencies for a predetermined price at the value date or within the optional value period.
•RMB FX Swap
RMB Foreign exchange swap transaction allows clients to hedge RMB exchange rate and interest rate risk at the same time against other currencies.
•RMB Debt Capital Market Origination (“DCM”)
We specialise in RMB bond origination and syndication, providing a comprehensive DCM service for our clients to meet their CNH funding target.
•Onshore RMB Bond Issuance (Panda Bond)
Bank of China can facilitate overseas financial institutions and corporations wishing to access the RMB onshore market through the issuance of Panda Bonds.
•RMB CP / CD / BOND ( Oceania Bond )
Bank of China Sydney Branch issues RMB CP/CD/ Bonds (Oceania Bond) to provide short, medium and long term offshore RMB investment opportunities for investors.
•RMB Interest Rate Swap / Currency Swap
RMB Interest Rate Swap refers to an agreement between two parties where one stream of future interest payments is exchanged for another based on a specified principal amount.
RMB Currency Swap refers to a swap that involves the exchange of principal and interest in RMB for the same in another currency.
These products are typically used to manage currency mismatch and hedge interest rates / exchange rate risk.
•RMB Structured Product
Bank of China Sydney Branch offers exclusively designed RMB structured products including deposit, options and other derivatives to clients for hedging or investment purposes.
•CNY NDF (CNY NO-DELIVERABLE FORWARD)
CNY no-deliverable forward is a notional forward transaction as there will be no physical settlement of principal. At maturity, the difference between the contracted forward rate and the CNY fixing spot rate is settled in US dollar. The product provides a method to hedge USDCNY foreign exchange risk.
