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Banks issue Hainan Free Trade Port's first corporate loans tied to interbank repo rates
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Banks issue Hainan Free Trade Port's first corporate loans tied to interbank repo rates
Branches of Industrial and Commercial Bank of China, China Merchants Bank and Shanghai Pudong Development Bank have recently issued the first batch of corporate loans linked to Depository Institutions Repo Rate (DR) benchmarks in Hainan Free Trade Port’s, expanding the use of market-based loan pricing in the free trade port.
·Beijing, China
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