Taiwan Mulls Debut Bond to Fund Outreach to Foreign Partners

Taiwan is considering selling debt for the first time to finance overseas investments, according to officials familiar with the matter, as the self-ruled democracy intensifies efforts to resist the diplomatic isolation imposed by China.

The arm of Taiwan’s Foreign Ministry responsible for international aid is preparing the issuance of sustainable development bonds likely denominated in Taiwan dollars, with an initial size equivalent to as much as $200 million, the officials said, asking not be identified discussing private deliberations.