Issued: November 8 2011
Applicability: For the purposes of this Circular, the term “option portfolio” means the portfolio that arises when a customer simultaneously purchases one and sells onerenminbi
State Administration of Foreign Exchange, Circular on Issues Relevant to the Handling of the Renminbi-foreign Exchange Option Portfolio Business by Banks
国家外汇管理局关于银行办理人民币对外汇期权组合业务有关问题的通知
Safe puts forward risk-reversal option portfolios.
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