China’s Ministry of Finance may raise nearly $1.54 billion from its third sovereign bond issue in Hong Kong, The Wall Street Journal reports. The ministry has not yet decided on the exact size of the bond issue.
The new issue will be larger than the ministry’s second, $1.234 billion bond sale in Hong Kong in November. In September 2009, the ministry sold its first sovereign bond in Hong Kong, raising $925.8 million.
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