Product classification
 
 
Contact
 
Changzhou Office: No.9, XiShan Road, Changzhou City, China
Phone/Fax: +86 519 85102276
Cell: +86 13571900119
E-mail: trade@85xianji.com
 
News Center  
CDB launches floating-rate RMB bonds in HK
Date:2010/10/13      View:868
 
China Development Bank (CDB), one of the country's three policy lenders, said Monday it had successfully launched 2 billion yuan (300 million U.S. dollars) of floating-rate Renminbi bonds, which made it the first financial institution to issue floating-rate RMB bonds in Hong Kong this year.

The 3-year-term bonds, offered to institutional investors, carried a coupon rate of 10 basis points over the 5-day average of three- month Shanghai Interbank Offered Rate and is payable quarterly, the bank said in a statement.

It was the fourth time that China Development Bank issued RMB- denominated bonds in Hong Kong since July 2007, when China's central bank permitted mainland-based financial institutions to issue RMB bonds in Hong Kong.
 
© 2010 CANADA TECHNOLOGIES LIMITED All Rights Reserved.
Changzhou Office: A403, Building 3, No.18 HuaShan Road, New North District, ChangZhou City, JiangSu Province, China
Phone/Fax: +86 519 85102276 Cell: +86 13571900119
E-mail: trade@85xianji.com
Links: Hopeland  AAC Machine
กกกกกก Probiotic Processing Equipment


Web Stats: