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.
Posted in Currency Wars | Tagged: Chinese soft power, yuan-denominated bonds | Leave a Comment »
Posted by seumasach on November 7, 2013
6th November, 2013
(Beijing) – Canada’s western province of British Columbia said on November 5 it had completed the issuance of one-year offshore yuan-denominated bonds and raised 2.5 billion yuan.
This is the first time a foreign government has issued offshore yuan bonds. Mike de Jong, finance minister of Canada’s westernmost province, said officials had intended to raise only 500 million yuan but the bonds were largely oversubscribed.
Posted in Currency Wars, Multipolar world | Tagged: Chinese soft power, yuan-denominated bonds | Leave a Comment »
Posted by seumasach on May 30, 2012
30th May, 2012
China and Japan will start direct trading of their currencies on Friday in a move to boost trade ties between Asia’s two biggest economies.
Posted in Multipolar world | Tagged: china-Japan currency agreement, rising yuan, yuan-denominated bonds | Leave a Comment »
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