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Korea Development Bank to issue 120M yuan of notes

Korea Development Bank plans to raise 120.0 million Chinese yuan through an issuance of fixed-rate notes under its US$15 billion global medium-term note program.

The bank said Feb. 13 that the 4.60% notes will be issued Feb. 22. The notes will mature Feb. 22, 2021.

As of Feb. 13, US$1 was equivalent to 6.34 Chinese yuan.