China’s issuance is its largest ever foreign currency sovereign bond
The €4 billion sovereign bond issuance is the first one by the People's Republic of China to be done in euros since 2004.
November 06, 2019 at 06:28 AM
1 minute read
Reporter
Magic Circle firms Linklaters and Allen & Overy have been called in to advise on a bumper bond offering by The People’s Republic of China.
The country’s Ministry of Finance sold a trio of bonds totalling €4 billion ($4.4 billion) yesterday (November 5), the largest ever foreign currency sovereign bond offering by the Chinese government and the first euro-denominated sovereign bond offering in 15 years, according to Linklaters.
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