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Frances Cheung, Head of Rates Strategy for Asia ex-Japan at Societe Generale, explains the rate changes

31/08/2015

In a recent article written by Liz Mak from the South China Morning Post journal, Frances Cheung, Head of Rates Strategy for Asia ex-Japan at Societe Generale, comments the recent evolutions of the Yuan and the HIBOR (Hong Kong Inter-bank Offered Rate).

"The authority charges banks Hibor plus 50 basis points for borrowing"; ''Since the changes to the yuan's fixing this month, volatility in liquidity and swings in Hibor had risen, with rates for less than seven days being the most under pressure.''
Frances Cheung, Head of Rates Strategy for Asia ex-Japan at Societe Generale

To read the article, please visit: www.scmp.com

Head of Rates Strategy for Asia ex-Japan Societe Generale Corporate & Investment Banking