China Construction Bank Expects $7 Billion SDR Bond Market

Updated on
  • World Bank issues 500 million SDR units of three-year notes
  • Market making for the debt to improve, Construction Bank says

China Construction Bank Corp. forecasts bonds denominated in Special Drawing Rights will swell to 5 billion SDR units ($7 billion) in the nation in the next few years, after the world’s first sale of such debt in three decades.

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