sovereign bonds
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Hong Kong Challenges the Dollar’s Quiet Dominance
Hong Kong Sovereign Bond Sale Sparks Global Interest, Signaling Shifts in Currency Power In a striking display of global investor appetite, a US$4 billion sovereign bond issued by China’s Ministry of Finance in Hong Kong has sold out in just three minutes, with the total demand soaring to an unprecedented US$118.2 billion, an oversubscription rate Continue reading
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China’s Bond Sale Signals Shift in Global Finance: A Challenge to US Dollar Dominance
Beijing’s $4 Billion Sovereign Bond Issuance in Hong Kong Sells Out in Minutes, as Global Demand Reflects a Growing Shift Away from US Dollar Hegemony In a historic bond issuance in Hong Kong, China’s Ministry of Finance raised US$4 billion with remarkable success, selling out in just three minutes and generating a staggering US$118.2 billion Continue reading
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