China issues the first variable “DR"bonds based on rate reform – Marketscreener.com
China issues the first variable “DR”bonds based on rate reform – Marketscreener.com
SHANGHAI, Dec. 4 (Reuters) – China’s first floating interest rate bond linked to a key benchmark called “DR” was issued on Friday, marking the central bank’s latest step to improve the pricing mechanism of the markets financial. China is joining other major economies in reforming its benchmark rate framework, as the London Interbank Offered Rate […]
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