National Becomes First Bank in North America to Win Approval to Issue Yuan Bonds in China

The National Bank of Canada has become the second Canadian borrower - but the first private sector entity - to be given approval to issue yuan-denominated bonds in China's Panda market. The bank has been given the green light to issue up to 5 billion yuan (about $1 billion) in that country's interbank or onshore bond market.

View the Full Article


September 23, 2016