Shenzhen government issues inaugural dim sum bond

The issuance marks the first time a Chinese municipal government offers offshore renminbi bonds.
Shenzhen skyline
Shenzhen skyline

The city of Shenzhen issued RMB5 billion ($775 million) of conventional and green bonds in Hong Kong on Tuesday (October 12), marking the first time that a Chinese municipality has tapped the offshore renminbi bond market.

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