China Sells Offshore Yuan Bonds at Record Low Yields, Attracting Global Interest
China has successfully sold long-dated offshore yuan bonds at record low yields, drawing significant global interest from investors. This move highlights the increasing appeal of China's sovereign debt in international markets.
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China Sells Long-Dated Offshore Yuan Bonds at Record Low Yields
China sold long-dated yuan-denominated sovereign bonds in Hong Kong at record-low yields, underscoring strong demand from global investors for the offshore issuance.
By Bloomberg News
Read full article →Why China’s new sovereign bond sale in Hong Kong is drawing global interest
China’s Ministry of Finance is set to raise 15 billion yuan (US$2.22 billion) through a sovereign bond auction in Hong Kong, tapping international capital just days after the city launched a long-awaited tool designed to help global investors hedge against mainland bond market risks. The sale marks the fourth tranche of Beijing’s 84 billion yuan sovereign bond programme for the year approved by the State Council, China’s cabinet. The exact tenors and yields would be announced by the Hong Kong...
By Daisy Wu
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