China’s central bank readies London debt sale - FT.com

China’s central bank readies London debt sale - FT.com:

"China’s central bank will issue short-term debt in London on Tuesday in a move to strengthen Sino-British ties during President Xi Jinping’s state visit to the UK.
The People’s Bank of China will sell one-year bills with initial price guidance at 3.3 per cent, according to a term sheet seen by the Financial Times. The sale is expected to raise Rmb5bn (£509m), though the final amount could be higher depending on demand. "



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