The People’s Bank of China (PBC) recently approved the first bond issuance by a foreign commercial bank in China, and the country’s debt markets may be further opened to multinationals.
HSBC, the first foreign bank issuer, and Bank of China (Hong Kong) won the central bank’s permission to each issue RMB1billion (US$157 million) bonds in China’s interbank market.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.