Spencer Anderson is a senior report at IFR on the people and markets desk. Since joining in 2011 he has written extensively on banking regulation, tax issues and capital markets. He was previously with the Financial Times.
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Larger Chinese banks face higher funding costs from US$500bn capital call
1Malaysia Development’s US$3bn bonds due 2023 have made a remarkable comeback in recent weeks, after months in the doldrums amid a worsening political crisis and doubts over the troubled state fund’s ability to pay its debts.
Global interest in the renminbi rebounded last week after the International Monetary Fund cleared the way for its inclusion in a basket of reserve currencies and investors welcomed the first corporate Dim Sum bonds in almost a month.