Guidance for CCB Frankfurt CNH; OCT back in town

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Guidance for CCB Frankfurt CNH; OCT back in town

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Chinesische Yuan Banknoten und Eurogeld Banknoten. Verschiedene Währungen | Wodicka/Gina Sanders - Fotolia

China Construction Bank (CCB) Frankfurt branch launched the first Frankfurt-issued renminbi-denominated bond from a subsidiary of a Chinese name on Monday morning. The two year transaction, which will clear and be listed in Frankfurt, had attracted more than Rmb1bn ($162m) in orders less than half an hour after books were opened.

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