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China to issue 2 billion euros of sovereign bonds in Paris

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Published Mon, Sep 9, 2024 · 05:25 PM
    • The specific sovereign bonds issuance arrangements will be announced separately, the China's finance ministry said.
    • The specific sovereign bonds issuance arrangements will be announced separately, the China's finance ministry said. PHOTO: REUTERS

    China’s finance ministry said on Monday (Sep 9) it would issue up to two billion euros (S$2.9 billion) of sovereign bonds in Paris on Sep 23.

    The specific issuance arrangements will be announced separately, the ministry said in a statement, without giving further details.

    In late 2021, China issued four billion euros in sovereign bonds in Hong Kong.

    Beijing has been issuing sovereign bonds offshore regularly in a bid to integrate China more closely into the global financial system, and build a price benchmark for overseas issuance of Chinese corporate bonds. REUTERS

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    sovereign bondChinaChina economyBonds

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