China makes triumphant return to euro bonds
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China makes triumphant return to euro bonds

Beijing skyline_adobe_575px_20Oct20

The People’s Republic of China returned to the European market on Wednesday, part of its plan to make euro bond outings an annual exercise. The €4bn transaction was a blow-out, with the order book well oversubscribed — and one of the three tranches achieving the sovereign’s first negative yield. Morgan Davis reports.

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