The UK has begun taking orders for a government bond denominated in China’s currency – a first for a western country.
According to the Treasury, the sale is proof of the strengthening relationship between the UK and China.
The sale is expected to raise about Rmb2bn, or £200m, the same size as the first Islamic government bond sold by UK this year – which attracted global investor orders of more than £2bn. In total the UK government plans to borrow £127bn from bond markets this financial year.
您已阅读22%(495字),剩余78%(1757字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。