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Everbright Securities issues 3B yuan of short-term bonds

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Everbright Securities issues 3B yuan of short-term bonds

China's Everbright Securities Co. Ltd. raised 3 billion yuan by issuing short-term bonds.

The 90-day notes carry a coupon of 2.98%, the company said May 18. The bonds mature Aug. 15.

As of May 17, US$1 was equivalent to 6.92 Chinese yuan.