Petroyuan and Pfandbrief: Difference between pages

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imported>Doug Williamson
(Recreate page to correct date in source. Source: The Treasurer, April 2017, p39.)
 
imported>Doug Williamson
(Link with Schuldschein page.)
 
Line 1: Line 1:
Revenue from the sale of oil, denominated in yuan renminbi.
''Germany.''


 
Mortgage bond issued by German mortgage banks.
<span style="color:#4B0082">'''''Crude to China, yuan to Iran'''''</span>
 
The strict regulatory regime governing Pfandbrief-issuing and their relatively high credit ratings have enabled issuers to sell them widely to international investors.
:"Being the world's largest trading nation and net importer of crude oil, China would also naturally desire to make at least part of its oil payments in renminbi.
 
:Beijing hopes that the rise of the petroyuan will provide a stable anchor to the value of the renminbi, thereby establishing the renminbi as a global reserve currency.
 
:China has already been paying part of its purchase of Iranian oil in renminbi as early as 2012, as Iran sought to get around Western financial sanctions."
 
 
:''The Treasurer magazine, April 2017, p39 - Florence Eid-Oakden, chief economist at Arabia Monitor.''




== See also ==
== See also ==
* [[China]]
* [[Bond]]
* [[Hydrocarbons]]
* [[Schuldschein]]
* [[MENA]]
* [[OPEC]]
* [[Peak oil]]
* [[Petrodollar]]
* [[Renewables]]
* [[Reserve currency]]
* [[Yuan renminbi]]

Revision as of 20:58, 9 January 2018

Germany.

Mortgage bond issued by German mortgage banks.

The strict regulatory regime governing Pfandbrief-issuing and their relatively high credit ratings have enabled issuers to sell them widely to international investors.


See also

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