China’s stimulus will definitely’ benefit offshore and onshore bond markets: UBP Anitza Nip of UBP discusses why China’s recent stimulus measures not only help companies refinance, but also signals that the government has the determination to ensure growth is in the “right direction...
Corporate bond issuers in emerging economies in Asia have often had a choice between an onshore market and an offshore one. Since 1998, however, many of these issuers have increasingly turned to the onshore market. This paper investigates systematically what factors have influenced this choice ...
An offshore company is typically used as a passive holding company as well as for international, cross-border purposes, but is not permitted to undertake business within the jurisdiction in w 分享回复赞 欧美进口配件代理吧 汾涸5YePw2a186 wpd onshore GmbH皕赫国际贸易(上海)有限公司代理进口wpd on...
onshoreRMBbondBank of China (BoC) has created an index to track the spread between onshore and offshore RMB bonds. The bank hopes that the new BoC Credits Investing & Financing Environment Difference Index (CIFED) will provide corporates and financial institutions with a valuable metric to help...
This paper investigates the influences over the choice of market in which to issue corporate bonds, comprising the choice of onshore or offshore market as well as the choice of currency (domestic or foreign) within these markets. We begin by compiling BIS statistics that document corporate bond...
Our sample period covers an episode when bond issuers had a choice between a less developed but growing onshore market, which varied across countries in the level of development, and a deep and liquid offshore market. We find that even in countries with onshore markets, it is often easier ...