China’s Treasury Bonds Lure International Capital
Nov 19, 2020
3 minutes
By Lan Xinzhen
hina’s Ministry of Finance (MOF) issued $6 billion worth of sovereign bonds into Hong Kong Special Administrative Region on October 14, with subscriptions by international investors reaching 4.7 times the volume issued by the time the dollar-denominated bonds were released at a premium. According to data from China Central Depository & Clearing Co., Ltd. (CCDC), holdings of Chinese sovereign bonds by overseas institutions have grown continuously for the last 23 months, now totaling $370 billion. This figure is up by 38.5 percent compared with
You’re reading a preview, subscribe to read more.
Start your free 30 days