That is in it's current form.
And according to a fund manager quoted in an article by ZeroHedge, they don't want a SDR even if the Yuan is in it.
China's currency needs GOLD backing! Gold backed bonds. Witness the world reject the SDR. The Zionist Jew bankers will be quaking in their boots now.
The global lender has got approval from the PBOC for a 2 billion SDR programme, and
despite the apparent success of Wednesday's issue analysts say future
demand for the bonds from local investors might prove tepid.
"We are not interested in SDR bonds and we can't see why
Chinese investors should want these bonds since they can easily buy much
higher yielding bonds in China," said a fixed-income fund manager in Hong Kong who invests both onshore and offshore debt markets.
We’re No Longer Living In Refi Paradise
1 day ago