TCorp expects renminbi to feature in future funding mix following debut
- Thursday, 20 November 2014
As the debut Australian sovereign or semi-government issuer of renminbi-denominated bonds, New South Wales Treasury Corporation (TCorp) says it is firmly committed to playing an instrumental role in the continued development of the renminbi market. Although the deal itself was small in the context of TCorp's funding requirement, the issuer says it expects the significance of the renminbi to grow in the coming years.
