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Beijing to issue RMB9.1 bln local government bond Aug. 25

BEIJING
2015-08-19 09:32

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Beijing Municipality would auction overall 9.1 billion yuan worth of special-use bonds on August 25. The batch of bonds is the first one of its kind planned to be offered by Beijing this year, including 1.56 billion yuan of 3-year ones, 3.64 billion yuan of 5-year ones, 1.56 billion yuan of 7-year ones and 2.34 billion yuan of 10-year ones. Dutch bidding will be adopted as the tender mode for the bond offerings.

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