Beijing-backed infrastructure bank mulling SDR bonds

The AIIB could issue bonds based on the IMF's virtual currency as it seeks to raise private cash to help fund China's infrastructure drive, its CFO tells a Hong Kong conference.

Beijing-backed infrastructure bank mulling SDR bonds

Beijing-led policy lender the Asian Infrastructure Investment Bank AIIB is mulling issuing bonds denominated in the International Monetary Fund's Special Drawing Rights, or SDR, its chief financial officer told a conference in Hong Kong on Wednesday.

SDR bonds from the AIIB would draw together two key policies for China's leaders the internationalisation of the renminbi and its Belt and Road Initiative push to develop infrastructure and trade links in a vast...

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