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China Exim Bank to sell 12bln yuan 3-tranche financial bonds on July 2

BEIJING
2015-06-29 16:33

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The Export-import (Exim) Bank of China would auction up to 12 billion yuan worth of 3-tranche financial bonds on July 2. These batches of the financial bonds, comprising 1-, 5-, and 10-year ones, are the sequel for the 57th, 8th and 13th batches, with the auction amount of each one at no more than 4 billion yuan.

Dutch bidding will be adopted as the tender mode for the bond offerings. China Exim Bank is a Chinese policy bank and its bonds can enjoy zero risk weighting until maturity.

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