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BRICS New Development Bank to issue first yuan-denominated bonds

Wednesday, June 1, 2016 12:52
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BRICS

A clerk counts money for a client at an Agricultural Bank of China branch in Hainan province. [Photo/IC] Shanghai-based New Development Bank is set to issue its first renminbi-denominated bonds, and is eyeing future funding for infrastructure projects, said Paolu Nogueira Batista, the bank’s vice-president for economic research, strategy and partnerships and chief risk officer. The…



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