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Export-Import Bank of China issues euro-, US dollar-denominated bonds

Export-Import Bank of China on Oct. 8 issued 700 million of five-year bonds at zero coupon rate and US$300 million of bonds at a floating coupon rate of 48 basis points above three-month U.S. dollar London interbank offered rate.

Proceeds from the bonds will be used to fund the policy bank's foreign-currency lending outside China.