Deutsche Bank certified in HK Rmb after CD

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Deutsche Bank certified in HK Rmb after CD

Issue: 1170 - 2 September 2010

Keywords: China Development Bank, RMB, renminbi

Deutsche Bank placed its first Hong Kong renminbi debt issue on Thursday, finding demand for a certificate of deposit from China Development Bank worth Rmb500m ($73.4m) and pushing its way into a market that bankers and analysts expect to grow strongly over the next few years. ..

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