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Ping An Securities to list 1B yuan of bonds

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Ping An Securities to list 1B yuan of bonds

Ping An Securities Co. Ltd. plans to list 1 billion yuan of corporate bonds on the Shanghai stock exchange May 30.

The three-year fixed-rate notes carry a coupon of 5.30%, the company said in a May 29 release.

The bonds were issued were issued May 17.

As of May 29, US$1 was equivalent to 6.42 Chinese yuan.