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China Plans $1.54B HK Bond Sale
China’s Ministry of Finance may raise nearly $1.54 billion from its third sovereign bond issue in Hong Kong.
China’sMinistry of Financemay raise nearly $1.54 billion from its third sovereign bond issue in Hong Kong,The Wall Street Journalreports. The ministry has not yet decided on the exact size of the bond issue.
The new issue will be larger than the ministry’s second, $1.234 billion bond sale in Hong Kong in November. In September 2009, the ministry sold its first sovereign bond in Hong Kong, raising $925.8 million.
Click here for the story fromThe Wall Street Journal.
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