The decision to list its inaugural green bond in London highlights China’s recent efforts to build closer bilateral financial ties with the United Kingdom.
BEIJING: China kicked off its first-ever sale of a green sovereign bond, as it looks to raise as much as six billion yuan (US$826mil) in an offering it plans to list in London.
The Chinese Finance Ministry set the initial price guidances of the three-year and five-year offshore yuan-denominated notes at yields of 2.3% and 2.35%, according to a person familiar with the matter.
