China Development Bank (CDB) would issue overall 22 billion yuan worth 4-tranche fixed-rate bonds, namely 3- , 5- , 7-year and 10-year bonds on June 30. According to the CDB, these batches of the financial bonds are the sequel for the 9th, 10th, 12th and 13th batches offered by the bank this year, with the auction amounts standing at 6 billion yuan, 5 billion yuan, 5 billion yuan and 6 billion yuan, respectively. Dutch bidding will be adopted as the tender mode for these bond offerings.
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