Finance

ADB aims to raise 1bn yuan in bonds

Monday, 06 August, 2012, 1:42am

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The Asian Development Bank is discussing with the Ministry of Finance a plan to raise 1 billion yuan in bonds to stimulate private-sector growth in China.

The bond issue - pending approval by the ministry - could take place as early as the end of this year. The bank says the issue would also help develop the bond market on the mainland.

Full report - A4

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Asian Development Bank

Ministry of Finance

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