HONG KONG hydro flask wine tumbler red sale , Oct. 27 (Xinhua) -- Sale of China's first U.S. dollar-denominated debt in 13 years indicates China will further open up its finance sector, said Chinese Vice Finance Minister Shi Yaobin here on Friday.
Demand for the sovereign notes climbed to 11 times of the offering size on Thursday. The strong demand allowed pricing of the 2 billion U.S. dollars in bonds to go under initial guidance, meaning China could raise funds at lower cost.
But external financing is not the purpose as the offering was small, Shi said.
Choosing Hong Kong as the venue to float the bonds indicates the central government's solid support for Hong Kong in bolstering its role as international financial center hydro flask wine tumbler green sale , he noted.
It can also create interest-rate benchmarks for the mainland's enterprises to raise funds in global bond markets, according to Shi.
The issuance can also help international investors to better know, understand and invest in China, he said.
With strong demand hydro flask 12 oz coffee black sale , the five-year bonds were priced to yield 2.196 percent, or just 0.15 percentage point over comparable U.S. Treasury notes. The 10-year bonds were priced to yield 2.687 percent, or 0.25 percentage point above Treasury yields.
Though the bond sale had no rating, the interest rates were equivalent to those with triple-A sovereign rating hydro flask 12 oz coffee white sale , he said.
The successful floating of the bond indicates investors' positive prospects for China's economic growth and financial stability, Shi said.
China will unswervingly boost further opening-up of the financial sector and explore to build a long-term mechanism for selling sovereign bonds denominated in foreign currencies, he noted.
The previous such sales were made in October 2004, when the country raised a total of 1.7 billion U.S. dollars by issuing dollar- and euro-denominated bonds with maturities of five and 10 years.
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NAIROBI hydro flask 12 oz coffee red sale , Sept. 26 (Xinhua) -- A Kenyan microfinance company onTuesday officially launched the first mobile-based loans andsavings product.
Maisha Microfinance Bank, in conjunction with Airtel Money, amobile money transfer service owned by telecom operator Airtel,launched the new mobile money solution that will enable customersto access loans in less than two minutes.
""Since we rolled out the product hydro flask 12 oz coffee yellow sale , over 50,000 new accounts havebeen opened in the last one and a half weeks, out of which over20,000 clients have accessed loans hydro flask 12 oz coffee pink sale ,"" Maisha Microfinance Bank CEOIreneus Gichana said during the launch in Nairobi.
The product, named M-Fanisi, offers cash transfer from AirtelMoney to clients' account upon making a loan request and reverse ofthe same upon repayment.
There are 24 large microfinance institutions in Kenya thatprovide approximately 1.5 million U.S. dollars worth of loans toover 1.5 million active borrowers under different interest rates,duration and amounts.
Gichana said her bank receives over 2 hydro flask 16 oz coffee black sale ,000 applications dailyfrom people seeking to access loans.
Kenya has one of the highest financial inclusions in Africa,where the gap among unbankable members of the population hasnarrowed from 20 percent in 2006 to 17 percent in 2016. Enditem
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SAN JOSE， April 27 (Xinhua) -- Costa Rica's dreams of winning a medal in the upcoming Olympic Games 2016 in Rio de Janeiro are limited to only four athletes with only 100 days to go before the world's largest sporting event gets underway in August.
Currently， athlete Nery Brenes， cyclist Andrey Amador and triathlete Leonardo Chacon have qualified for the Rio Games. Another representative will also fill the place won by cyclist Andrey Fonseca in the mountain biking category.
Brenes will participate in the men's 400 meters and Amador will compete in the men's road cycling category.
Regarding the mountain biking place， the athlete that will compete in this category is still to be announced although Fonseca has not yet been ruled out， according to what the President of the National Olympic Committee (CON)， Henry Nunez， told Xinhua.
Brenes， Amador and Chacon will all be participating once again in the Olympics - all of them participated in London 2012. All three athletes are recognized in their country and internationally for their performances.
Nery Brenes became a household name in indoor athletics when he won the gold medal in 400 meters at the 2012 IAAF World Indoor Championships in Istanbul， Turkey. In 2011， Brenes became the 400 meters champion at the Pan American Games in Guadalajara， Mexico.
Road cyclist Andrey Amador recently recently came in fourth place in the Tour of Italy 2015.
Triathlete Leonardo Chacon has a wide experience in international competitions including world championships， world cups and the Olympic Games 2012 in London where he finished in 48th position.
Although his results in London 2012 were not as good as expected， Chacon earned respect from international media for showing good sportsmanship by continuing in the competition after crashing his bike. He was full of cuts and obviously hurt but continued regardless.
According to Nunez， Costa Rica are expecting another eight athletes to participate in the 2016 Games and their qualifications could be officially announced in the coming weeks， as they obtain the points necessary to compete in Rio.
Some more Costa Ricans could qualify for the following categories: athletics， cycling， triathlon， judo， beach volleyball， boxing and swimming， according to Nunez.
Although he did not rule out Costa Rica winning medals in August， Nunez said the main objective for the national athletes is to improve on their personal bests.
Costa Rica's full team for the Olympics will not be finalized until June.
At London 2012， 11 athletes represented the Central American country however they were unable to win a medal.
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