Question Your Company June 1999

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

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May 11, 2015 at 7:52 pm #245321
at800
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Hi John,
The answer states that there is no need to use dim sum bond market, unless the entity has direct investment in China or may rereceive a better interest thereby.
My question is what about using of China currency for hedging purposes without direct investment in China (I.e. loan in non-related currency which is naturally a hidden hedge and which is reported like embeded derivative per IFRS, if I’m not mistaken).
Would it worth a mark?
Thank you in advance.
May 12, 2015 at 6:45 am #245383
John Moffat
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I think we must have different versions of the question.
I have the original exam question and it is about preparing a revised guidance manual. There is no mention of investing in China (or in any foreign country 🙂 )
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