Euroclear links Chinese companies with global capital through - Yulan bonds - named after Shanghai's city flower, a magnolia, and denominated mainly in U.S. dollars and euros - will be issued through Shanghai Clearing House, a Chinese interbank bond market clearinghouse.
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Euroclear links Chinese companies with global capital through 'Yulan bonds'
Brussels-based Euroclear, one of the world's biggest securities depositories, said on Tuesday that it has helped create a new asset class in China, the so-called Yulan bond, aimed at linking Chinese issuers seamlessly with global investors.
