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Bosch & Siemens considering swaps instead of dim sum
June 01, 2012
From Chien Mi Wong
The Germany-based company could consider looking into cross-currency swaps as an alternative to CNH bonds, says its group treasurer Kai Schrickel, as yields of the latter instrument continues to surge.
Many companies are keen to expand its presence into one of the fastest growing economies to date – China. Bosch and Siemens is one that has been growing its mainland business extensively and in order to do so it needs...
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