trending Market Intelligence /marketintelligence/en/news-insights/trending/h0XYndmB8OkymlktTotvDw2 content esgSubNav
In This List

China Development Bank to raise up to 26B yuan via bonds

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


China Development Bank to raise up to 26B yuan via bonds

China Development Bank plans to raise up to 26 billion yuan via an issuance of bonds in three tranches.

The Chinese policy bank will issue up to 6 billion yuan of three-year bonds priced with a 4.14% coupon and up to 15 billion yuan of 10-year bonds priced with a coupon of 4.24%.

The lender will also issue up to 5 billion yuan of one-year bonds, with the coupon to be determined.

The three- and 10-year tranches will be listed on China's interbank bond market on Oct. 23, while the one-year tranche will be listed on Oct. 24.

As of Oct. 11, US$1 was equivalent to 6.59 Chinese yuan.