EconomyYulan bond debuts in Dubai amid Beijing’s push for yuan-denominated assets

The Yulan renminbi bond structure debuted in Dubai amid geopolitical strains in the Middle East, attracting orders worth more than five times the offering as global appetite for yuan assets remained firm. Bank of China Dubai rang the listing bell at Nasdaq Dubai on Tuesday for the two-year offshore bond, sized at 2 billion yuan (US$299.6 million).

bondsrenminbiDubaiBank of China

SSouth China Morning Post★★☆☆☆2026-10-28 07:07Original