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China Exim Bank to sell 13bln yuan 3-tranche financial bonds on Nov. 5

BEIJING
2015-11-02 18:38

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The Export-import (Exim) Bank of China would auction up to 13 billion yuan worth of 3-tranche financial bonds on November 5.

These batches of the financial bonds, including 3-, 5-, and 10-year ones, are the sequel for the 12th, 13th and 14th batches, with the auction amount standing at no more than 4 billion yuan, 5 billion yuan and 4 billion yuan, repectively.

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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