Posted inAT Finance, China, Hong Kong, Malaysia, Northeast Asia, South Korea, Thailand

China taps appetite for credit with first US-dollar bonds since 2004

China is set to issue its first dollar-denominated bonds in more than a decade, a move announced in June by the Ministry of Finance, shortly after Moody’s downgraded China’s sovereign rating from A1 to Aa3. The Wall Street Journal reports that the US$2 billion offering will come this month, citing bankers in Hong Kong. The […]

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