Chinese government entities pump $1.1bn into bond market

dollar_Adobe_24July
By Alice Huang, Morgan Davis
21 Aug 2020

China Jianyin Investment (JIC) and Nanjing Jiangbei New Area Industrial Investment Group were among two Mainland Chinese companies to sell dollar bonds on Thursday.

JIC is wholly owned by Central Huijin Investment, making it one of the rare Chinese state-owned enterprises to come to the dollar market recently. That proved enticing for investors, said a syndicate banker on the $900m dual-tranche deal.  

The deal bond run by 21 banks. Bank of ...

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