trending Market Intelligence /marketintelligence/en/news-insights/trending/m92a7bv3jgqfyvn1l2moiq2 content esgSubNav
In This List

China Development Bank to issue 38B yuan of benchmark bonds

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


China Development Bank to issue 38B yuan of benchmark bonds

China Development Bank plans to issue 38 billion yuan of benchmark bonds in five tranches.

The policy lender said in an Aug. 10 release that it would issue 5 billion yuan of seven-year bonds with a coupon of 4.73%, 8 billion yuan of three-year bonds with a coupon of 4.07%, 5 billion yuan of one-year bonds with a coupon of 3.32%, 12 billion yuan of 10-year bonds with a coupon of 4.04% and 8 billion yuan of five-year bonds with a coupon of rate to be determined at auction.

The bonds will be issued Aug. 16.

As of Aug. 10, US$1 was equivalent to 6.85 Chinese yuan.