The International Finance Corporation's (IFC) investment into Bhutan National Bank (BNB) is the largest foreign direct investment into Bhutan. It signals growing interest in the fast-growing frontier market.
The Bank Bill Swap reference rate (BBSW) process has been held-up as a model for the rest of the world, following the London Interbank Offered Rate (Libor) manipulation scandal.
Chinese state-owned entity (SOE) China Minmetals has issued the largest single-tranche offshore renminbi bond among state-approved issuers. It highlights how these issuances have evolved since Baosteel's first offshore renminbi bond.
