Back to CNH: Reverse enquiry leads QNB to Formosa

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Back to CNH: Reverse enquiry leads QNB to Formosa

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Qatar National Bank (QNB) came back to the offshore renminbi market this week, just two months after its last syndicated CNH transaction. The issuer raised Rmb600m ($94m) on Wednesday by selling a three year note in Taiwan, after investors demonstrated demand for its renminbi debt.

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