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Screenshot of a breaking news alert e-mail from Q2 2017
Thomson Reuters has announced today that it has been appointed by the Hong Kong Treasury Markets Association (TMA) as the calculating agent for the TMA RMB Bond Indicative Quotes.
The indicative quotes aim at increasing the price transparency for RMB-denominated institutional bonds issued in Hong Kong by the Ministry of Finance of the People’s Republic of China. The publication of the indicative quotes will be conducive to strengthening Hong Kong’s position as a leading offshore RMB center.
The indicative quotes offer market participants including fund managers, sell-side banks and brokers a reference for various uses, such as portfolio valuation and compliance reporting.
Thomson Reuters will use its leading technology to perform the calculation of the indicative quotes based on the indicative prices sourced from 14 regional and global banks.