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Can China’s new BRI bonds spur sustainable development?

Summary by dialogue.earth
In June this year, the Bank of China (BOC) issued the first sustainable development bonds for which all funds raised are directed towards countries affiliated with the Belt and Road Initiative (BRI), according to the bank’s website. The bonds totalled USD 940 million and were issued simultaneously through BOC branches in Macau, Hungary and Panama, in US dollars and yuan. Sustainable development bonds, or sustainability bonds, are issued to finan…
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