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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to