The Export-Import Bank of China or China Exim Bank unveiled Monday a plan to auction no more than eight billion yuan of 1-year and 10-year fixed-rate bonds on Thursday.
These issues are additional ones for its eighth and 11th batches of bonds floated this year at 2.63 percent and 4.29 percent yields respectively.
China Exim Bank planned to raise at maximum four billion yuan via each of the two products by then. As one of China's policy banks, bonds issued by China Exim Bank can enjoy zero risk weighting until maturity.
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