Chexim kicks off new programme with dual-currency trade

Addison Gong

June 02, 2017 09:45 AM

euro dollar px230 — Euro coins and dollar bills are seen in Frankfurt, central Germany, Wednesday, Feb. 27, 2008. The euro soared higher on Wednesday, Feb. 27, 2008, climbing to a high of US$1.5057 in early European trading as sentiment that the U.S. Federal Reserve would continue its rate cut campaign intensified when its chairman testifies before the U.S. Congress. (AP Photo/Michael Probst) | Michael Probst/AP/Press Association Images

Export-Import Bank of China came to the market with a two-currency, fixed and floating rate transaction on Thursday, snapping up $918m-equivalent. Its outing followed downgrades on China’s sovereign rating and that of the issuer, but buy-side concerns were well contained.

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Topics

SSA China Barclays Supras and agencies China Construction Bank Asia Greater China Bank of Communications Bank of China Northeast Asia ANZ MUFG Asia Pacific Commerzbank Crédit Agricole Emerging Markets Euro HSBC

AG

Addison Gong

SSA editor GlobalCapital