Analysts said China’s move to issue dollar bonds was to create a benchmark which other dollar bonds issued by Chinese state-owned enterprises can be measured against, as the country increasingly builds its global financial and economic might. Photo: AP

Explainer: Why is China issuing its first dollar bond after 13 years’ absence from the market?

Topic |   Bonds

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Analysts said China’s move to issue dollar bonds was to create a benchmark which other dollar bonds issued by Chinese state-owned enterprises can be measured against, as the country increasingly builds its global financial and economic might. Photo: AP
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