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China to Issue Bonds Worth of US$2 Bn Overseas
As reported the BNP Paribas said China had a plan to issue bonds worth of US$ 2 billion to overseas investors. It is the first time since December 1998 that China would raise loans from the international market.
Jin Liqun, vice minister of finance, and underwriters of the bonds will meet potential investors in Hong Kong and then go to Europe for promotion later this week.
It is learned that Goldman Sachs, JP Morgan and Morgan Stanley will undertake that part of the US dollars and BNP Paribas, Deuteche Bank and Barclays the part in the Euro.
By PD Online staff member Deng Gang
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