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China Merchants Securities issues 2B yuan of bonds

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China Merchants Securities issues 2B yuan of bonds

China Merchants Securities Co. Ltd. issued 2 billion yuan of bonds.

The 91-day bonds carry a coupon of 3.04%, according to an Aug. 29 filing.

The company completed the issuance Aug. 28.

As of Aug. 29, US$1 was equivalent to 6.82 Chinese yuan.