Mihály Varga Opens Trading Day in London

Hungary becomes second non-Chinese issuer of sovereign RMB debt on LSE

Montázs
  • 2016.05.12. - 16:50

National Economy Minister Mihály Varga opened the trading day at the London Stock Exchange on Thursday,  after Hungary became the first country in the region to issue yuan-denominated bonds, which are trading on the London market.

The issuance of yuan bonds was a sign of trust but it also signals that Chinese-Hungarian relations are becoming ever more versatile and also stronger, Varga stressed.

Hungary has issued 1 billion worth of bonds in the Chinese currency through  Bank of China, becoming the second remnibi denominated bond issuer on the London Stock Exchange, 

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