Asia Risk 15: A steep learning curve for interest rate derivatives
Asia’s interest rate markets have matured significantly during the past 15 years and now offer a full array of onshore and offshore hedging and investment options to end-users. Georgina Lee reports
The development of Asia’s interest rate markets, measured by market liquidity, maturity of contracts and types of instruments available, has increased dramatically during the past 15 years. Indeed, the size and relevance of Asia’s economies means failing to measure the region’s collective pulse can prove a costly mistake for any serious participants in global fixed income.
Global investors and intermediaries alike today lose no time in dissecting the words of Reserve Bank of Australia (RBA)
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