Sir Danny Alexander on AIIB in a time of crisis
Sinica Podcast
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AIB - You've Actually Raised a Bond in RMB?
AIB's capital is all in US dollars and the vast majority of our financing so far has been in US dollars. We're increasingly looking to diversify into other currencies, local currencies in the region. So this year we issued US dollar bond, which raised I think 3 billion US dollars, and then we launched our first panda bond,. It was specifically targeted at raising RMB where, as you said, we have a health-related, COVID-related project in China - it helps us get the money in there.
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