Tianjin FTZ grabs $500m from red hot bond debut

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Tianjin FTZ grabs $500m from red hot bond debut

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Syuji Honda/blvdone - Fotolia

Investors poured into Tianjin Free Trade Zone Investment Holding Group’s (Tianjin FTZ) debut dollar bond this week, helping the state-owned company raise $500m with a more than seven times covered order book.

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