trending Market Intelligence /marketintelligence/en/news-insights/trending/a7fp9MBKh1xaKXirnf4rTw2 content esgSubNav
In This List

Zuoli Kechuang Micro-finance to issue 25M yuan of bonds

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


Zuoli Kechuang Micro-finance to issue 25M yuan of bonds

Zuoli Kechuang Micro-finance Co. Ltd. plans to issue 25 million Chinese yuan of bonds.

The bonds will be priced with an interest rate of 6% per year and have a tenor of six months, the company said in a Dec. 23 statement. The bonds will be issued Dec. 28.

The offering is part of the company's plan to issue up to 600 million yuan of bonds. Proceeds from the issuance will be used to replenish liquidity for granting loans.

As of Dec. 26, US$1 was equivalent to 6.95 Chinese yuan.