Saudi Aramco hints at future yuan bonds in possible China coup – Nikkei Asia
DUBAI – Saudi Aramco, the Saudi state-controlled oil company, has raised the possibility of floating yuan-denominated bonds, a move that would mark an important departure in an industry traditionally dominated by the dollar. A prospectus released this month by the world’s largest oil company indicated that renminbi notes “may be issued” under its bond program, […]
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