Onshore RMB derivatives traded notional up 19% in H12026: ISDA
13th November, 2026
Aravind Bulusu
International Swaps and Derivatives Association (ISDA) research found that onshore renminbi interest rate derivatives (IRD) traded notional in mainland China rose 19% year-on-year to $3.4 trillion (£2.6 trillion) during the first half of 2026, driven by active demand for short-term interest rate swaps as economic growth softened and government bond yields continued to decline.
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