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Export-Import Bank of China to issue 19.82B yuan of bonds

Export-Import Bank of China plans to issue 19.82 billion yuan of bonds in three tranches.

The offering is comprised of 7 billion yuan of one-year bonds with a 2.58% coupon, 7 billion yuan of five-year bonds with a 3.28% coupon and 5.82 billion yuan of three-year bonds with a 2.96% coupon.

The payment date is March 25.

As of March 22, US$1 was equivalent to 6.72 Chinese yuan.