Hong Kong’s offshore renminbi market has been given a big boost with news that Caterpillar, the US bulldozer maker, is offering a two-year Rmb1bn bond - the second multinational to launch an issue after McDonald’s Rmb200m bond in August. As Robert Cookson and Hal Weitzman report on ft.com, Caterpillar, which has extensive operations in China, is understood to have secured approval from Chinese regulators – including the People’s Bank of China and the State Administration of Foreign Exchange – to transfer the proceeds of the bond sale to the mainland.
美國推土機製造商卡特彼勒(Caterpillar)發行兩年期人民幣債券的訊息極大地提振了香港人民幣債券離岸市場——這是繼8月份麥當勞(McDonald)發行2億元人民幣債券之後第二家發行人民幣債券的外國跨國公司。