China policy bank sells debt through Bond Connect

Agricultural Development Bank of China, China Development Bank show their support for country's latest connect scheme, but some foreign investors wary of extra currency risk.

Agricultural Development Bank of China (ADBC) became the first issuer on Monday to sell debt through China's new Bond Connect programme, which gives foreign investors direct access to the world’s third-largest bond market without the need for onshore accounts.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media