Foreign currency sovereign bonds relay issuance China's financial opening signal strong.

The Ministry of Finance announced on November 19th that, on behalf of the Central Government of the People's Republic of China, it successfully issued 4 billion euros worth of sovereign bonds in Luxembourg on November 18th. Within just half a month, China has opened the window for foreign currency sovereign bond issuance twice, continuously sending positive signals of the opening up of the Chinese financial market to the world. During the issuance, international investors actively participated, showing their trust in Chinese sovereign bonds by subscribing with record high subscription multiples.