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China MoF tempts central banks to its dim sum
June 18, 2012
Beijing target Rmb2 billion of its upcoming batch of dim sum bonds to central banks as its looks for to boost overseas reserves of its currency.
China’s Ministry of Finance (MoF) is encouraging central banks to buy its next batch of dim sum bonds in the face of slowing demand and yield convergence between offshore and onshore renminbi rates.
Bejing is scheduled to issuer Rmb23...
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