ADB launches landmark renminbi bond in Hong Kong
The Asian Development Bank (ADB), a multilateral institution, launched its first international renminbi bond on Tuesday.
The bond, which was launched in Hong Kong, drew an order book of more than Rmb2 billion ($30.9m), leading the ADB to increase its issuance from Rmb1 billion to Rmb1.2 billion.
McDonalds, a food company, and Hopewell Highways Infrastructure, a Hong Kong building company, have also issued international renminbi bonds in Hong Kong. However, with a ten-year maturity and a triple-A
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Initiative of the year: the Netherlands Bank’s ChatDNB
- Central Banking Awards 2024: fourth round announced
- Central bank of the year: Central Bank of Brazil