HONG KONG, Nov 1 (Reuters) - Yuan-denominated bond issuances this year total 17.8 billion yuan ($2.67 billion) so far this year, the chief executive of the Hong Kong Monetary Authority (HKMA) said on Monday.
Yuan bond sales in Hong Kong have been intermittent since China sanctioned them in 2007, but have picked up pace since a July landmark announcement that dropped restrictions on business loans in yuan, permitted companies and individuals globally to open yuan accounts, and allowed for the sale of yuan-denominated financial products.
Multinationals, including McDonald's Corp