trending Market Intelligence /marketintelligence/en/news-insights/trending/LsSQa4qJToE56oyDHwh0wQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

China Development Bank to issue 30B yuan of benchmark bonds

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


China Development Bank to issue 30B yuan of benchmark bonds

China Development Bank Corp. plans to issue 30 billion Chinese yuan of benchmark bonds in four tranches.

The bank will issue 5 billion yuan of three-year bonds priced with a coupon of 3.88%, 7 billion yuan of five-year bonds priced with a coupon of 4.02%, 4 billion yuan of seven-year bonds priced with a coupon of 3.85% and 14 billion yuan of 10-year bonds priced with a coupon of 4.04%.

The bonds will be issued Aug. 10 and listed on China's interbank bond market Aug. 14.

As of Aug. 2, US$1 was equivalent to 6.72 Chinese yuan.