According to today's International Finance News, a Kyodo News report says E-Trade, Japan's online securities company has announced to launch Japan's first corporate bonds which will be linked with the RMB exchange rate. The payment of principal of the bonds will be linked to the RMB exchange rate.

Etrade believes that China's fast growing economy would further boost the desire to invest there. So it has decided to offer this financial product.

By People's Daily Online