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UOB Offers Offshore Yuan Products
United Overseas Bank will roll out various offshore products denominated in yuan.
United Overseas Bank(UOB) will roll out various offshore products denominated in yuan,The Wall Street Journalreports. The Singapore-based lender will float a yuan bond fund by the end of the month.
车辆将提供离岸an bond markets that are traded in the secondary market on the Hong Kong stock exchange. UOB recently started offering foreign currency fixed deposit accounts.
Click here for the story fromThe Wall Street Journal.