NSW hits size and price targets with first Australian state CNH

Mark Baker

November 19, 2014 12:15 pm

australian flag 230x — The peloton passes an Australian flag Australia's during stage 2 of the Tour Down Under in Stirling, near Adelaide, Wednesday, Jan. 22, 2014. | Sirotti/Sirotti

The Australian state of New South Wales priced a landmark debut offshore renminbi bond late in the evening Sydney time on Wednesday, riding the momentum from this week's establishment of an Australian RMB hub to shave 10bp off initial guidance and hitting its target size and funding cost.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

SSA Sub-sovereigns Asia China Bonds News content China Emerging Markets

MB

Mark Baker