Taiwan to launch corporate bond yield curve for Formosa bonds in May-source

April 9, 2015 6:44 AM

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HONG KONG, April 9 (Reuters) - Taiwan has picked 10 financial institutions as market makers for its offshore yuan bond market, and aims to launch a yield curve for corporate bonds in May, a source with direct knowledge of the matter told Reuters.

Compared to Hong Kong, where a dim sum bond yield curve was created with the help of government bonds sold by China's Finance Ministry, Taiwan is only able to create one for corporate bonds due to political reasons, an official in charge of bonds at Taiwan's GreTai Securities Market said.

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