2016-08-01

More on China's Coming SDR Bond

SCMP: August lift-off: China set for Special Drawing Rights bond issues, report says
China might take another big step forward this month in its long-term aim to forge an IMF money system into the world’s dominant currency.

Mainland media group Caixin reported that the World Bank planned to issue bonds denominated in Special Drawing Rights in China as early as the end of this month. It said policy bank China Development Bank was also planning an SDR bond issue.

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