Portugal becomes the first euro zone country to issue debt on China's market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Known as 'Panda' bonds, that's yuan-denominated debt issued by a foreign sovereign issuer, the sale will take place Wednesday and Thursday.

Portugal's Finance Minister Mario Centeno told CNBC that the issuance is a "positive step in managing Portugal's external debt in the medium term."

Known as "Panda" bonds, that's yuan-denominated debt issued by a foreign sovereign issuer, the sale will take place Wednesday and Thursday. The southern European country announced last week its intention to sell 2 billion yuan worth of bonds with a maturity of three years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in LOANS

Loans Loans Latest News, Loans Loans Headlines