FOXBusiness.com: HSBC, Standard Chartered Race to Sell First Yuan Bonds in Singapore

FOXBusiness.com FOX Business Network - The Power to Prosper

HSBC, Standard Chartered Race to Sell First Yuan Bonds in Singapore May 27th 2013, 03:44 The two most aggressive players in the offshore yuan market--HSBC Holdings PLC (HBC) and Standard Chartered PLC (STAN.LN) are racing to sell the first yuan-denominated bonds to be cleared in Singapore, as the city-state starts its own yuan-clearing system Monday.

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