China Targets U.S. Buyers with $6 Billion Dollar Debt Sale

(Bloomberg) — China is pressing ahead with a dollar bond sale amid growing uncertainties over U.S. elections and tensions with Washington.For a fourth straight autumn, China is looking to sell dollar notes with three-year, five-year, 10-year and 30-year maturities Wednesday, according to people familiar with the matter who aren’t authorized to speak publicly. Some of the shorter-dated bonds have lower premiums than in 2019 during the initial marketing phase of the nation’s last dollar bond sale.The country’s Ministry of Finance is seeking to raise about $6 billion via the new notes, Bloomberg reported previously. The sale had attracted orders of …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.