AfDB sells debut offshore renminbi bond

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AfDB sells debut offshore renminbi bond

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Yuan Geldscheine von Chinas Währung. Chinesische Geldscheine. | Wodicka/Gina Sanders - Fotolia

The African Development Bank has issued its first offshore renminbi bond, in what the supranational has described as a ‘strategic objective’ in response to a growing investor base for the currency.

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