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CDB keeps market engaged with dual-currency outing

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By Addison Gong
05 Dec 2018

Policy lender China Development Bank printed a dual-currency, three-tranche transaction on Tuesday, raising $2.4bn-equivalent. While it paid just a couple of basis points of new issue premium for the dollar bonds amid a short-lived market rally, demand for the euro portion exceeded expectations.

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By Addison Gong
05 Dec 2018