Paris renminbi bond

BoC makes RMB bond debut in Paris

Bank of China makes its renminbi bond debut in Paris, another step in the globalisation of the currency.

The Paris branch of Bank of China sold its debut renminbi-denominated bond for Rmb2 billion ($328 million) this week, furthering China’s push to globalize its currency and pouncing on favorable investor sentiment following upbeat economic data.

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