Tag: back-to-back

BHP Billiton and Xiangguang Copper have transacted a first of a kind back-to-back electronic letter of credit over Bolero, shaving 20 days off a typical transaction.

China’s FX regulator has simplified foreign debt registration which eases restrictions on back-to-back lending between banks in China and Hong Kong. James Wang Yong, an attorney at Han Kun Law Offices in China, explains its implications.