Where did China launch first yuan-bond ?
Options
1) London
2) Tokyo
3) Mumbai
4) Singapore
answer
1) London
Other details
The People's Bank of China launched a yuan-denominated bond in London for the first time .
The bond worth 690 million euros for one-year bonds .
The auction for the bonds offering a yield of 3.15 percent .
It is for the first time that a yuan-denominated bond auction has taken place outside of China and Hong Kong.
Options
1) London
2) Tokyo
3) Mumbai
4) Singapore
answer
1) London
Other details
The People's Bank of China launched a yuan-denominated bond in London for the first time .
The bond worth 690 million euros for one-year bonds .
The auction for the bonds offering a yield of 3.15 percent .
It is for the first time that a yuan-denominated bond auction has taken place outside of China and Hong Kong.
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