Euroclear to help China process government bonds

Euroclear has teamed up with the China Government Securities Depository Trust and Clearing Company (aka the unwieldy CGSDTC) to establish a closer working relationship between the two firms. The memorandum of understanding (MOU) between the two firms will establish a greater level of cooperation between the two organisations, and comes at a time when several international depositories are actively pursuing closer ties with their China counterparts. Under the MOU, Euroclear and the CGS…