The Export-import (Exim) Bank of China announced on Monday that it would auction two batches of financial bonds on July 16, namely 1- and 5-year bonds.
The two batches of bonds are the sequels for 11th and 13th batches auctioned by the policy bank this year, with the auction amounts standing at no more than 4 billion yuan and 5 billion yuan, respectively.
China Exim Bank is a Chinese government-backed policy bank and its bonds can enjoy zero risk weighting until maturity.
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