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Brazil to Sell First Yuan Bond in China to Cut Dollar Reliance | Collector
Brazil to Sell First Yuan Bond in China to Cut Dollar Reliance
The Rio Times

Brazil to Sell First Yuan Bond in China to Cut Dollar Reliance

BRAZIL · MARKETS Key Facts —A first for Brazil: The country plans to announce its first sovereign bond denominated in Chinese yuan, a so-called Panda bond, two sources told Reuters. —Timing: The plan is set to be unveiled during an official visit to Shanghai and Beijing on June 24 to 26. —Who leads it: The […] The post Brazil to Sell First Yuan Bond in China to Cut Dollar Reliance appeared first on The Rio Times .

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