TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at TetelestaiDC@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
- Solely write intel, rumors, news, thoughts, messages regarding Dinarland, Iraq, the RV, the GCR, NESARA/GESARA, the Republic, Spirituality, Ascension and anything that is relating
- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

If you have any questions or wish to communicate with us then please give us an email at UniversalOm432Hz@gmail.com

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

Restored Republic via a GCR: Update as of April 20, 2018

Restored Republic via a GCR Update as of April 20 2018 Compiled 12:01 am EDT 20 April 2018 by Judy Byington, MSW, LCSW, ret. CEO, Child Ab...

Wednesday, August 31, 2016

China SDR Bond Issued by the World Bank for the First Time

World Bank issues China SDR bond for the first time

Reporter: Mi Jiayi | CCTV.com

09-01-2016 00:22 BJT

Watch Video

The World Bank today for the first time issued a bond denominated in Special Drawing Rights in China. The debt was issued in China's inter-bank bond market, and marks an additional step in the internationalization of the Chinese currency. The Renminbi is to join the World Bank's SDR basket of currencies in October.

The World Bank has set an indicated yield range for the three-year bonds at between 0.4 and 0.7 percent annually. The value of the SDR notes is based on a basket of international currencies - the US dollar, the Euro, the British Pound, and the Japanese Yen. The Chinese RMB will be included from this October and will then help determine the value of the bonds. The bond purchases will be settled in Yuan. This is the first SDR bond issued anywhere in 35 years -- what is its importance?

"The first significance is that now we have a SDR denominated bond that includes the RMB. The fact that it's issued anywhere is important because the RMB will help determine the pricing of this bond. The second significance is that this bond is issued within China, so in terms of balancing your fixing income portfolio, traditionally that's going to be in RMB, but now you can have a bond that's also denominated in dollar, in Pound and in yen, and also in RMB. So by holding this bond, you get more exposure to the international currency market, and certainly you can diversify your bond portfolio better, in terms of currency risks," said professor Qian Jun, Shanghai Advanced Inst. of Finance.

China's central bank has approved the World Bank's issue of a total of 2 billion worth of SDR bonds in China. If the first float goes well, other issues will follow.

"What we expect is that such issuances will be more common. Although if you look at this particular piece, it's small, but you put them together, and the fact that there will be more and more such bonds issued, and their importance will grow, and will make RMB a true member of the global investing currency, and RMB denominated assets will become a bigger part of global investors," said professor Qian.

The bond is named the Mulan Bond after the famous Disney character. The World bank says the RMB will have a 10.92 percent weighting in the SDR basket, greater than the proportion granted to the British Pound or the Japanese yen.



We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More