Bank of China issues 2.5 bln RMB-Denominated bonds in London

LONDON, Jan. 8 (Xinhua) -- Bank of China London Branch issued 2.5 billion RMB-denominated bonds on Wednesday.

This issuance marked the first RMB bond issued in the London market by the British branch of a Chinese bank, which will be listed on the London Stock Exchange.

The funds raised from the deal will all be retained in London to support further development of the London offshore RMB market as well as Britain-China bilateral trade and investment, the bank said.

> Read More

Leave a Reply

You must be logged in to post a comment.