Tag: Xavire Rolrt

IFC to Issue 1 Billion Renminbi-Denominated Bond in London, Supporting Internationalization of Chinese Currency

IFC, a member of the World Bank Group, will issue a 1 billion renminbi-denominated bond (equivalent to about $165 million) next month to increase foreign investment in China and support the internationalization of the Chinese currency. The issuance marks the largest on the London Stock Exchange by a multilateral institution. […]