IFC ready for renminbi return

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By Paolo Danese
13 Oct 2016

Already a pioneering issuer in the currency, the International Finance Corporation (IFC) believes greater regulatory clarity will provide a fresh boost to its onshore and offshore renminbi funding plans, Monish Mahurkar, director for treasury market operations, told GlobalRMB.

The IFC was among the first wave of RMB issuers both onshore and offshore, having been one of the early entrants into the Panda bond market in 2005 and making its dim sum debut in 2011. In total IFC has raised Rmb6.4bn ($952m) from two Pandas and ...

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