Project Data Sheet

Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

PDS Creation Date
PDS Updated as of 02 May 2014

Project Name Development of Renminbi (RMB, the PRC Currency) Derivatives Market
Country Regional
Project/Program Number 45003-001
Status Proposed
Geographical Location
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Sector Finance
Subsector Money and capital markets
Strategic Agendas
Drivers of Change
Gender Equity and Mainstreaming Categories


Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
Technical Assistance--0

Summary of Environmental and Social Issues

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

During Project Design
The People's Bank of China has been consulted on the scope and the design of the proposed TA.
During Project Implementation


Project Rationale and Linkage to Country/Regional Strategy

Development Impact

Well functioning RMB currency derivatives market will be established.

Project Outcome

Description of Outcome
Legal regulatory and institutional infrastructure for the RMB currency derivatives market will be improved
Progress Towards Outcome

Outputs and Implementation Progress

Description of Project Outputs
1. Analysis of the current status of RMB currency derivatives markets and instruments 2. International case study on the development of the currency derivatives market 3. Analysis of the legal and regulatory framework 4. Analysis of the clearing, settlement and other related infrastructure 5. Analysis on the policy coordination within the region 6. Knowledge products such as national and international workshops, a short policy note, several technical notes targeting policy makers
Status of Implementation Progress (Outputs, Activities, and Issues)
Status of Development Objectives
Material Changes

Business Opportunities

Date of First Listing
Consulting Services
Procurement and Consulting Notices


Concept Clearance 31 Oct 2011
Fact-finding 16 Nov 2011
Management Review Meeting
Last Review Mission


Approval No. Approval Signing Effectivity Closing
Original Revised Actual


Date Approval Number ADB (US$ thousand) Others (US$ thousand) Net Percentage
Cumulative Contract Awards
Cumulative Disbursements

TA Amount (US$ thousand)

Approval Number Approved Amount Revised Amount Total Commitment Uncommitted Balance Total Disbursement Undisbursed Balance

Contacts and Update Details

Responsible ADB Officer Ying Qian (
Responsible ADB Department East Asia Department
Responsible ADB Divisions Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies


Project Website
List of Project Documents