Jinchuan opens CNH bond with NDRC quota
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Asia

Jinchuan opens CNH bond with NDRC quota

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Jinchuan Group opened books for a three year offshore renminbi bond with initial guidance at 5.05% area on Thursday morning. The deal marks the first time a regional state owned enterprise (SOE) has tapped the offshore RMB market via China’s National Development and Reform Commission (NDRC) quota system.

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