Frankfurt issues first bond backed by Chinese currency
Posted by seumasach on May 6, 2014
2nd May, 2014
Frankfurt is joining London, Singapore and Hong Kong in the fast-moving market for bonds denominated in the Chinese currency, the renminbi. Germany’s KfW development bank announced it was issuing a two-year bond with the volume of 1 billion renminbi at the Frankfurt Stock Exchange.
In These New Times 
Leave a comment