Dossier
currency internationalisation
Coverage of currency internationalisation in the Nexus archive.
- Appetite for yuan assets sees London Clearing House accept dim sum bonds as collateral
The London Clearing House (LCH) has started accepting offshore yuan-denominated Chinese government bonds, known as dim sum bonds, as collateral for margin requirements. This move supports Beijing’s efforts to internationalise the yuan and integrate its debt into global financial systems.