The development bank issuing the bonds has been set up by Brazil, China, India, Russia and South Africa. Photo: SCMP Pictures The development bank issuing the bonds has been set up by Brazil, China, India, Russia and South Africa. Photo: SCMP Pictures
The development bank issuing the bonds has been set up by Brazil, China, India, Russia and South Africa. Photo: SCMP Pictures

BRICS bank readies debut bond issue for clean energy projects

New Development Bank to provide up to 4 billion yuan of bonds to fund green energy projects even as the 5 economies behind the institution diverge

Topic |   BRICS
The development bank issuing the bonds has been set up by Brazil, China, India, Russia and South Africa. Photo: SCMP Pictures The development bank issuing the bonds has been set up by Brazil, China, India, Russia and South Africa. Photo: SCMP Pictures
The development bank issuing the bonds has been set up by Brazil, China, India, Russia and South Africa. Photo: SCMP Pictures
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