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Hopeland Chem-Tech Co., Ltd.
Add.: Rm. B-1708, Taaffeite International Commerce Plaza, 4th Gaoxin Road, Xi'an City, Shaanxi Province, China
Postal Code: 710075
Wechat , WhatsApp, Mobile: +86 13488269990
Tel: +86 13488269990
Email: 85xianji@85xianji.com / icec0529@163.com
Website: www.aac-plant.com
 
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CDB launches floating-rate RMB bonds in HK
Date:2010/10/13      View:1609
 
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.
 
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Hopeland Chem-Tech Co., Ltd.
Add.: Rm. B-1708, Taaffeite International Commerce Plaza, 4th Gaoxin Road, Xi'an City, Shaanxi Province, China
Postal Code: 710075
Wechat , WhatsApp, Mobile: +86 13488269990
Tel: +86 13488269990
Email: 85xianji@85xianji.com / icec0529@163.com
Website: www.aac-plant.com
Links: Hopeland  AAC Machine
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