Portugal's Finance Minister Mario Centeno told CNBC that the issuance is a "positive step in managing Portugal's external debt in the medium term."
Known as "Panda" bonds, that's yuan-denominated debt issued by a foreign sovereign issuer, the sale will take place Wednesday and Thursday. The southern European country announced last week its intention to sell 2 billion yuan worth of bonds with a maturity of three years.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jamie Dimon warns US-China trade fight becoming a 'real issue' that could deter investment“Trade has gone from being a skirmish to being far more important than that,” Dimon said. “If this goes south in a bad way, and you have other surprises, that could be part of the thing that changes confidence, changes peoples’ willingness to invest.” Gee, ya think? Only thing trump can do to fix this is resign.
Source: CNBC - 🏆 12. / 72 Read more »
China is driving growth in Asia's real estate market despite trade war headwinds, report findsDespite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows report by JLL. Asian age is beginning
Source: CNBC - 🏆 12. / 72 Read more »