BRICS New Development Bank issues bond for financing COVID-19 fight

Source: Xinhua| 2020-04-03 21:51:59|Editor: huaxia

SHANGHAI, April 3 (Xinhua) -- BRICS New Development Bank (NDB) issued a 3-year RMB Coronavirus Combating Bond on Thursday to raise 5 billion yuan (706 million U.S. dollars), the bank said in a statement released Friday.

The bond, issued in the China Interbank Bond Market, marked the first RMB-denominated Coronavirus Combating Bond issued by multilateral development bank in China, the statement said.

Due to an extraordinary demand from investors, the final order book was in excess of 15 billion yuan, more than three times oversubscribed, the statement said.

The bond issue was aimed at supporting the Chinese government in the financing of public health expenditure in the provinces of Hubei, Guangdong, and Henan, which were hard-hit by COVID-19.

"NDB is fully committed to supporting our member countries during this period of crisis to fight the spread of COVID-19 and stand ready to provide the necessary financing to this objective," said Leslie Maasdorp, NDB vice president and CFO.

Headquartered in Shanghai, the NDB was established by Brazil, Russia, India, China, and South Africa. The bank formally opened in July 2015.

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001389448821
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲成a人一区二区三区 | 香蕉网色老视频在线观看 | 亚洲国产精品一区视频 | 亚洲性爱网站在线观看 | 午夜免费啪在线观看视频 | 在线看片免费人成影片 |