PBOC to issue 5 billion yuan of 1-year bills in London soon - Reuters

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - As reported by Reuters on Thursday, the People's Bank of China (PBOC) plans to issue up to 5 billion yuan (513 million pounds) of one-year bill in London soon, the first such debt issued by the central bank.

    "The deal should be completed this month. ICBC and HSBC are the underwriters," the sources said.

    The British finance ministry had stated in September that China's central bank would issue a yuan-denominated central bank note in London in the near future.
    For more information, read our latest forex news.

Share This Page

free forex signals