China has issued a three billion renminbi-denominated sovereign bond in London, the first of its kind outside China. The Bank of China and HSBC jointly released the three-year-term bond with an interest rate of 3.28 percent. The move is part of ongoing efforts by China to internationalize its currency.
Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv
Follow us on: