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ECONOMY
THIS WEEK> THIS WEEK NO. 51, 2013> ECONOMY
UPDATED: December 16, 2013 NO. 51 DECEMBER 19, 2013
Yuan Bonds in Taiwan
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Four Chinese mainland banks issued yuan-denominated bonds worth 6.7 billion yuan ($1.1 billion) in Taiwan on November 10. The bonds were traded on the GreTai Securities Market.

Bank of Communications issued 1.2 billion yuan ($197.64 million) in bonds. Agricultural Bank of China issued 1.5 billion yuan ($247.06 million). Bank of China and China Construction Bank issued 2 billion yuan ($329.41 million) each.

The issuance took the total of yuan-denominated bonds issued in Taiwan to 10.6 billion yuan ($1.67 billion). The first bonds, worth 3.9 billion yuan ($642.33 million), were issued in March.



 
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