trending Market Intelligence /marketintelligence/en/news-insights/trending/KjUSeIX1B3JCDgBmazfLMw2 content esgSubNav
In This List

China Development Bank to issue up to 24B yuan of benchmark bonds

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion


China Development Bank to issue up to 24B yuan of benchmark bonds

China Development Bank plans to raise up to 24 billion yuan through the issuance of fixed-rate benchmark bonds.

The bank said Jan. 9 that it would issue up to 9 billion yuan of five-year bonds with a coupon of 3.76% and up to 15 billion yuan of 10-year bonds with a coupon of 3.48%.

The bonds will be issued Jan. 14.

As of Jan. 9, US$1 was equivalent to 6.81 Chinese yuan.