Resumen de China's landmark RMB London bond explained
The article discusses the first ever renminbi (RMB) bond worth RMB 3 billion issued by the Chinese government outside of greater China, in London. Topics include, the symbolism of issuance as London's role as an RMB hub and the growing relationship between the two nations, the bond as the first in RMB to qualify under the sterling liquidity framework of the Bank of England's repo facility, and orders from other regions attracted by the deal, achieving China's currency internationalisation goal.
