Tag: forward

Singapore-based investor, Dymon Asia, has tapped China’s interbank bond market to execute a forward trade.

It’s said the secret to a good relationship is never having an opinion – and it seems the same applies to hedging. One of Hong Kong’s most successful funds tells CT how to get hedging right.

From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.

A joint CT CBA poll examines the behaviour of corporate treasury departments throughout Asia-Pacific and finds dependence on counterparty ratings and local treasuries limited by central policy.

In order to contain volatility and strong appreciation of its currency, Korea has decided to cut bank limits on FX positions. The impact could see corporates move towards the FX swap and cross-currency swap markets to source dollar funding.

Korea warns against “excessive strength” of the won, hinting a willingness to intervene. What strategies has the country adopted in the past and how effective have they been? CT asks the experts.