China to issue 2 billion euros of sovereign bonds in Paris
Add BT as a preferred source
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
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Inside Indonesia’s trial of Gojek co-founder: How a Google laptop deal became a multitrillion-rupiah case
No prosecution for Seatrium over Brazilian corruption offences, High Court approves US$110 million penalty
Will the Philippines hit the brakes on a deregulated oil industry amid fuel pain?
Hao Mart shuts stores, sinks deeper into losses with four High Court lawsuits looming
