ADBC debuts in dollars, revisits CNH

Addison Gong

September 20, 2018 12:00 pm

Digital China_230px — Flag of China with face of Mao Zedong on RMB (Yuan) 100 bill. Downtrend stock diagram | kromkrathog - Fotolia

Chinese policy bank Agricultural Development Bank of China made its first foray into the dollar bond market on a busy Wednesday to raise $700m, alongside a Rmb1.2bn ($175m) return to offshore renminbi.

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Topics

SSA China Supras and agencies Hong Kong SAR Asia Greater China Bank of Communications Standard Chartered China Bonds Bank of China Northeast Asia China Asia Pacific Emerging Markets

AG

Addison Gong

SSA editor GlobalCapital