Offshore RMB definition

Offshore RMB means RMB that is freely deliverable between accounts in the Offshore RMB Centre in accordance with the law and applicable regulation and guidelines issued by relevant authorities in the Offshore RMB Centre prevailing as of the Trade Date of the Notes;
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Offshore RMB means RMB available for general exchange market transactions outside Mainland China.
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Offshore RMB means RMB available for general exchange market transactionsoutside Mainland China.
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Examples of Offshore RMB in a sentence

  • The exchange rate of Offshore RMB against the U.S. dollar, Hong Kong dollar or other foreign currencies may be different from the exchange rate of RMB deliverable in the PRC against such currencies.

  • Offshore RMB represents a market which is different from that of RMB deliverable in the PRC.

  • Apart from its own supply and demand, the Offshore RMB exchange rate may be influenced by the onshore exchange rate (which currently trades within a band set by authorities in the onshore interbank market), and the two rates may converge with or diverge from each other.

  • If the value of Offshore RMB depreciates against the U.S. dollar, Hong Kong dollar or other foreign currencies, the value of a Noteholder or a Warrantholder's investment in U.S. dollar, Hong Kong dollar or other applicable foreign currency terms will decline.

  • Investors in the Notes and Warrants should be aware that all Offshore RMB payments under the Notes and Warrants will be made solely by credit to Renminbi bank accounts maintained at banks in the relevant Offshore RMB Centre as specified in the relevant Final Terms in accordance with the law and applicable regulations and guidelines issued by the relevant authorities in the relevant Offshore RMB Centre as specified in the relevant Final Terms.

  • If the value of Offshore RMB depreciates against the U.S. dollar, Hong Kong dollar or other foreign currencies, the value of a Noteholder's investment in U.S. dollar, Hong Kong dollar or other applicable foreign currency terms will decline.

  • Specific risks relating to Offshore Notes denominated in RMB and Notes linked to Offshore RMB and traded outside the PRC Notes denominated and/or settled in Renminbi (the RMB Notes) may be issued under the Programme.

  • Notes linked to Offshore RMB and traded outside the PRC may be issued under the Programme.

  • Further liberalisation (if any) of foreign exchange control in Mainland China and further progress on RMB internationalisation may or may not occur, and even if it does occur, it may or may not influence the Offshore RMB exchange rate.

  • For the purpose of those Notes and where the context requires, "Offshore RMB" shall refer to Chinese RMB that is freely deliverable between accounts in the relevant Offshore RMB Centre as specified in the relevant Pricing Supplement in accordance with the law and applicable regulations and guidelines issued by the relevant authorities in the relevant Offshore RMB Centre as specified in the relevant Pricing Supplement prevailing as of the trade date of the Notes.


More Definitions of Offshore RMB

Offshore RMB means the legal currency of the PRC, as traded outside the PRC; “RMB/onshore RMB” means the legal currency of the PRC, as traded within the PRC; “USD” means the legal currency of the US.
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Related to Offshore RMB

  • Offshore means any country that is not one of the fifty United States or one of the United States Territories (American Samoa, Guam, Northern Marianas, Puerto Rico, and Virgin Islands). Permitted Uses and Disclosure by Business Associate.

  • Rule 904 means Rule 904 promulgated under the Securities Act.

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • accredited laboratory means an analytical facility accredited by the Standards Council of Canada (SCC), or accredited by another accrediting agency recognized by Manitoba Conservation and Climate to be equivalent to the SCC, or be able to demonstrate, upon request, that it has the quality assurance/quality control (QA/QC) procedures in place equivalent to accreditation based on the international standard ISO/IEC 17025, or otherwise approved by the Director;

  • Regulation CF means Regulation Crowdfunding promulgated under the Securities Act.