World Bank roadshows debut SDR bond in China

Paolo Danese

August 15, 2016 12:00 pm

washington 230px — 030926-F-2828D-080 Washington, D.C. (Sept. 26, 2003) -- Aerial view of the Washington Monument with the White House in the background. DoD photo by Tech. Sgt. Andy Dunaway. (RELEASED) | Tech. Sgt. Andy Dunaway/U.S. Air Force

The World Bank began meeting investors this week for a landmark bond denominated in the IMF special drawing rights (SDR), after it gaining approval from the People’s Bank of China. More issuers are lining up to sell SDR bonds, with each trade likely to have unique features.

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Topics

SDR SSA China Americas Supras and agencies ICBC Greater China Asia China Bonds Northeast Asia China Asia Pacific United States Emerging Markets North America HSBC

PD

Paolo Danese