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CDB offers debut bank bond on exchange market

China money
By Lorraine Cushnie
31 Dec 2013

China Development Bank (CDB) issued the debut bond from a financial institution in China’s stock exchange market on December 27 as regulators try to diversify the country’s debt markets. The final issuing size of the dual-tranche deal was Rmb12bn with a two year ticket sold at 5.80% and a five year portion offered at 5.84%.

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By Lorraine Cushnie
31 Dec 2013