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China Resources Bank of Zhuhai issues 3B yuan of bonds

China Resources Bank of Zhuhai Co. Ltd. raised 3 billion yuan by issuing enterprise bonds aimed at helping small- and micro-sized businesses.

The three-year notes carry an annual coupon of 3.66%, according to a Sept. 2 release. They were issued Aug. 26.

As of Sept. 2, US$1 was equivalent to 7.17 Chinese yuan.