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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

China’s central Huijin to sell $27.6 bln of bonds in first ever debt sale

Posted on 19 August 2010

From Peopledaily.com.cn: Central Huijin Investment Ltd., an arm of China’s sovereign wealth fund, said Thursday it will soon issue 187.5 billion yuan (27.6 billion U.S. dollars) of Renminbi-denominated bonds in its first ever bond sale.
The capital raised will allow Huijin, which already controls China’s largest banks, to further invest in the nation’s five leading banks this year, the company said in a statement……………………………………….Full Article: Source


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