The Financial Post reports in its Tuesday edition that China is attracting robust demand for its debut yuan-denominated green bonds in Canada, expanding its offshore debt footprint to finance sustainable projects as ties between the two nations warm. A Bloomberg dispatch to the Post says the Ministry of Finance's sovereign note sale, which kicked off Monday, drew more than 40 billion yuan ($8.46-billion) of orders by midday in Hong Kong. The three- and five-year notes, with the initial price guidance at yields of around 1.8 per cent and 1.9 per cent, respectively, was expected to price later Monday. The order book's total so far is about 10 times the ministry's planned offering of up to four billion yuan announced last week. Royal Bank of Canada is a joint bookrunner for the sale. The transaction would mark the ministry's first offshore yuan-denominated bond issuance beyond Hong Kong, Macau and London. It extends China's push to internationalize the yuan and reach more overseas investors amid growing doubts over the dollar. The ministry did not explain the reasoning behind issuing a Hong Kong-listed bond in Canada. China has stepped up offshore green sovereign debt to showcase its commitment to a sustainable transition.