Shanghai, China
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China to Issue $56 Billion (CNY 400 billion) of Government Bonds to Replace Maturing Bonds, Bonds First Issued to Fund The Setup of China Sovereign Wealth Fund China Investment Corporation (CIC) in 2007

22nd August 2024 | Hong Kong

China Ministry of Finance will be issuing $56 billion (CNY 400 Billion) of government bonds to replace maturing bonds, with the bonds first issued to fund the setup of China sovereign wealth fund China Investment Corporation (CIC) in 2007.  CIC was funded with issuance of CNY 1.55 trillion of bonds.  The upcoming bonds will be issued in 2 tranches, with a CNY 300 billion 10-year bond and a CNY 100 billion 15-year bond.

“ China to Issue $56 Billion (CNY 400 billion) of Government Bonds to Replace Maturing Bonds, Bonds First Issued to Fund The Setup of China Sovereign Wealth Fund China Investment Corporation (CIC) in 2007 “

 



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China to Issue $56 Billion (CNY 400 billion) of Government Bonds to Replace Maturing Bonds, Bonds First Issued to Fund The Setup of China Sovereign Wealth Fund China Investment Corporation (CIC) in 2007

Shanghai, China



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