trending Market Intelligence /marketintelligence/en/news-insights/trending/joxnJrMDFxtyelVFkH1alg2 content esgSubNav
In This List

China Development Bank to issue 29B yuan of benchmark bonds

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


China Development Bank to issue 29B yuan of benchmark bonds

China Development Bank will issue 29 billion yuan of benchmark bonds in five tranches.

The bank said Dec. 11 that it will issue 5 billion yuan of one-year bonds, 5 billion yuan of three-year bonds, 10 billion yuan of three-year bonds, 5 billion yuan of five-year bonds and 4 billion yuan of seven-year bonds.

The bonds' coupon rate will be determined at auction. The bonds will be issued Dec. 18 and will be listed on China's interbank bond market Dec. 20

As of Dec. 11, US$1 was equivalent to 6.62 Chinese yuan.