You are here

Province in Canada issues yuan bonds

British Columbia's 2.5b yuan of paper set to yield 2.25%

THE Canadian province of British Columbia (BC) has become the first foreign government to issue a yuan-denominated offshore bond, in a move that investment bankers say could be the forerunner of many more by Asian and other public and private entities.

The launch came shortly before the

sentifi.com

Market voices on: