The Export-Import Bank of China issued two batches of financial bonds on Thursday amid brisk demands. The two batches of bonds bear a maturity of 1 year and 5 years, with auction yields reaching 2.7791 percent and 3.7986 percent respectively.
Statistics from China Government Securities Depository Trust & Clearing Co. showed that yields on the 1-year, 5-year and 10-year fixed interest rate policy bank bonds traded on the domestic interbank market stood at 2.8604 percent and 3.8467 percent respectively.
Market players disclosed that the subscription ratios reached 3.02 and 2.67 times the volume offered respectively. These are the additional issue of the 11th and 13th batches of financial bonds offered by the policy bank in 2015. The raised funds will be used as credit loans of the bank.
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