Taiwan fixing could fragment offshore renminbi liquidity

Newly launched CNT Taibor raises concerns

fragmentation

The launch of a renminbi Taipei interbank offered rate (Taibor) fixing called CNT Taibor, sparks concern about fragmented liquidity pools, with different rates being offered in each offshore market.

The new fixing will start life on September 1 and comes just over a year after the first such launch, the CNH Hibor in Hong Kong, which already has a number of derivatives products referenced to it, such as interest rate swaps at tenors out to one year.

In Taiwan the formal benchmark is also expected

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: