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Export-Import Bank of China raises 9B yuan via bonds

Export-Import Bank of China raised 9 billion yuan through the issuance of bonds.

The Chinese policy lender issued 3 billion yuan each of one-year notes with a 3.00% coupon, three-year notes with a 3.74% coupon and five-year notes with a 4.37% coupon.

The payment date is Jan. 7.

As of Jan. 4, US$1 was equivalent to 6.87 Chinese yuan.