trending Market Intelligence /marketintelligence/en/news-insights/trending/OUewkJmzt1ahHh2TFsD1qg2 content esgSubNav
In This List

China Development Bank to issue 40B yuan of benchmark bonds

Blog

Banking Essentials Newsletter: September Edition, Part - 2

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter


China Development Bank to issue 40B yuan of benchmark bonds

China Development Bank will issue 40 billion yuan of benchmark bonds.

The policy bank said Dec. 19 that the 20-year bonds will carry an annual interest rate of 3.80%.

The bonds will be issued Jan. 8, 2018, and listed on China's interbank bond market on Jan. 10, 2018.

As of Dec. 19, US$1 was equivalent to 6.60 Chinese yuan.