Bond success
Source: Xinhua |
May 28, 2016, Saturday
|
Print Edition
Print Edition
CHINA’S Ministry of Finance said it has issued 3 billion yuan-denominated sovereign bonds in London, the first of its kind outside China.
The distribution of the three-year bond with a coupon of 3.28 percent, was jointly undertaken by the Bank of China and HSBC.
According to HSBC, the bidding from global investors, which included commercial banks, central banks and public institutions, for the bond reached 8.5 billion yuan.
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