Deutsche Bank has completed its first renminbi debt offering with a Rmb200m (US$29.8mn) self-led deal for its private banking investors, according to a statement. Comprising of two-year certificates of deposit (CDs), the deal was priced with a 2% fixed semi-annual coupon. Renminbi CDs are a hot private banking product of the moment, with reason. Ever since the People’s Bank of…
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