Export-Import Bank of China plans to issue up to 12 billion yuan of bonds in three tranches.
The Chinese policy bank will issue up to 3 billion yuan of one-year bonds with a 4.20% coupon, as well as up to 4.5 billion yuan each of three-year bonds with a 4.83% coupon and five-year bonds with a 4.97% coupon.
The bonds were offered March 1.
As of March 1, US$1 was equivalent to 6.36 Chinese yuan.
