trending Market Intelligence /marketintelligence/en/news-insights/trending/zVIZBRcjlRScbpAniB1FIg2 content esgSubNav
In This List

China Development Bank to raise 21B yuan via benchmark bonds

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


China Development Bank to raise 21B yuan via benchmark bonds

China Development Bank said Jan. 13 that it will issue 21 billion Chinese yuan of benchmark bonds in three tranches.

It will issue 8 billion yuan of one-year bonds priced with a coupon of 2.39%, 5 billion yuan of seven-year bonds priced with a coupon of 3.43% and 8 billion yuan of three-year bonds priced with a coupon of 2.97%.

The bonds will be issued Jan. 20 and listed on China's interbank bond market Jan. 22.

As of Jan. 13, US$1 was equivalent to 6.89 Chinese yuan.