PBoC steps out with new London landmark

China marks Xi Jinping's London visit with a new benchmark in the offshore yuan market.

PBoC steps out with new London landmark

The Chinese government issued its first short-term debt in the international bond markets on Tuesday in a move designed to underline the renminbi's growing international importance and highlight strengthening Sino-British ties during President Xi Jinping’s visit to the UK.

The People’s Bank of China raised Rmb5 billion $788 million from the sale of a one-year bill after capturing a sizable order book of more than Rmb30 billion from central banks and sovereign wealth funds...

To continue reading, please login or register for free

Click for more on: bonds | sovereign | icbc | hsbc | dim sum | pboc | investment grade | china

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...