China Gets Record Demand of Over €100 Billion for Euro Bond Sale

China sold €4 billion ($4.6 billion) of euro-denominated bonds, drawing record demand in the latest sign of growing investor appetite for the country’s debt sales.

The offering, split equally in two parts, was last heard more than 26 times covered, with bids exceeding €104.5 billion, according to a person with knowledge of the deal. That’s the highest demand for a euro-denominated offering by China, according to other people familiar with the matter who asked not to be identified as they aren’t authorized to speak publicly.