China sells long-dated offshore yuan bonds in Hong Kong at record-low yields
China sold long-dated yuan-denominated sovereign bonds in Hong Kong at record-low yields as global demand for CNY debt surges. Investors are lining up to lend Beijing money cheap, indicating growing confidence in Chinese debt.
Detected & updated continuously · Source: Nebula
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China sold long-dated yuan-denominated sovereign bonds in Hong Kong at record-low yields https://t.co/QBZgEcvxHr
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JUST IN: 🇨🇳 China sells long-dated offshore yuan bonds in Hong Kong at record-low yields as global demand for CNY debt surges. Investors lining up to lend Beijing money cheap. The dollar's monopoly on "safe" sovereign paper keeps getting company.