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Bank of Guiyang issues 3B yuan of green bonds

Bank of Guiyang Co. Ltd. issued 3 billion yuan of green bonds.

The three-year notes were priced with a coupon of 3.55% per year. They were issued Sept. 12.

The proceeds from the issuance will be used for environmentally friendly projects.

As of Sept. 12, US$1 was equivalent to 7.08 Chinese yuan.