Chinese MoF defies trade war fears, plots return to bonds

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By Morgan Davis, Noah Sin
28 Jun 2018

China’s Ministry of Finance is prepping a comeback to the dollar bond market, less than a year after ending a 13-year hiatus. But can it replicate the success of its 2017 blockbuster transaction? Morgan Davis and Noah Sin find out.

The sovereign announced on Tuesday that it will sell dollar-denominated bonds overseas in the second half of this year, in tandem with Rmb10bn ($1.52bn) of offshore renminbi-denominated notes. China is seeking up to $3bn from its dollar trade — $1bn more than it raised last year.

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