Chinese state-owned entity (SOE) China Minmetals has issued the largest single-tranche offshore renminbi bond among state-approved issuers. It highlights how these issuances have evolved since Baosteel's first offshore renminbi bond.
The International Finance Corporation's (IFC) investment into Bhutan National Bank (BNB) is the largest foreign direct investment into Bhutan. It signals growing interest in the fast-growing frontier market.
The Bank Bill Swap reference rate (BBSW) process has been held-up as a model for the rest of the world, following the London Interbank Offered Rate (Libor) manipulation scandal.
