Hungary opens LSE to mark listing of yuan bond
pixabay
Hungary’s National Economy Minister Mihály Varga ceremoniously opened the market on the London Stock Exchange today, marking the listing of a RMB 1 billion yuan bond recently issued by Hungary, state news agency MTI reported today.
The issue of the bond has “symbolic significance”, and although it is not a very large bond, it sends the important message that China is a force to be reckoned with in the long term too, Varga told MTI after the ceremony.
Hungary issued the three-year dim sum bond in mid-April.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Gov't Considering Fuel Price Intervention
AI may Save Hungarian Healthcare, Says Leading Doctor
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
