China sold about $4.6 billion of bonds denominated in euros, taking advantage of superlow yields in the eurozone
to raise shorter-term funds at negative ratesChina’s finance ministry sold €1.5 billion, the equivalent of $1.7 billion, of three-year notes priced to yield minus 0.
192%, a term sheet showed. It also sold the same amount of seven-year debt with a positive yield of 0.216% and €1 billion, or about $1.15 billion, of 12-year bonds yielding 0.759%.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After break-in, Camila Cabello is selling her Hollywood Hills villa for $4 millionSinger-songwriter Camila Cabello is asking $4 million for her Hollywood Hills villa where there was a break-in earlier this year.
Read more »
Biden's 'America First' trade policy gives China opportunityAs Asia-Pacific leaders meet for an annual economic summit this week, the Biden administration is still struggling to articulate its economic vision for the region. China has sought to take advantage.
Read more »
China hopes to flaunt the merits of its political system over America’sThe Communist Party congress will be a controlled display of power, while America’s mid-term elections may condemn the country to a divided government
Read more »
Rivalry between America and China will shape the post-covid worldChina will witness the dawn of a “new era”: that of Xi Jinping, in total control for as long as he wishes WorldAhead
Read more »
China builds mockups of U.S. Navy ships for missile target practiceBeijing's intentions are increasingly concerning to the U.S. as tensions rise over the South China Sea, Taiwan and military supremacy in the region.
Read more »
US Holocaust Museum says China boosting Uyghur repressionWASHINGTON (AP) — The U.S. Holocaust Memorial Museum says it has compiled evidence of increasing government repression against Uyghur Muslims in China’s western Xinjiang region .
Read more »