Singapore becomes third RQFII renminbi hub


Singapore and China today signed a deal that will make the city state the third financial centre where institutional investors can buy renminbi-denominated securities directly, alongside a raft of other co-operative measures.

In a statement, the Monetary Authority of Singapore (MAS) said the two countries had agreed a quota of 50 billion yuan ($8.2 billion) as part of China's ‘renminbi-qualified foreign institutional investor' (RQFII) programme. This allows overseas investors to use offshore

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account