Beijing-led policy lender the Asian Infrastructure Investment Bank AIIB is mulling issuing bonds denominated in the International Monetary Fund's Special Drawing Rights, or SDR, its chief financial officer told a conference in Hong Kong on Wednesday.
SDR bonds from the AIIB would draw together two key policies for China's leaders the internationalisation of the renminbi and its Belt and Road Initiative push to develop infrastructure and trade links in a vast swathe of countries stretching as far away as Europe and Africa.
“My personal preference would have been to raise funds in SDR to be the functional currency of AIIB,” Thierry...
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