China issues RMB3 billion bond in London

This is its first-ever international RMB bond issued outside China.

The Chinese Ministry of Finance (MOF) will list a RMB 3 billion bond on the London Stock Exchange. This marks the first-ever international RMB bond issued outside of China.

The listing follows the MOF’s previous successful RMB bond issuance in the Hong Kong Special Administrative Region.
HSBC is the jount lead manager for the issuance.

The bond supports London's leading position as a key European centre for cross-border RMB flows. It will be cleared through Euroclear and Clearstream.