China Development Bank (CDB) announced on Thursday that it would auction up to 19.927 billion yuan of 5-tranche bonds on November 17.
According to the bank, these batches of bonds include 3 billion yuan of 2-year floating-rate bonds, 5.027 billion yuan of 3-year fixed-rate bonds, 4 billion yuan of 5-year fixed-rate bonds and 7.9 billion yuan of 10-year fixed-rate bonds.
It is the second time for the bank to issue 3-month Shibor-based floating-rate bond on the country's interbank bond market this year. Data shows that CDB issued overall 4 billion yuan of 3-month Shibor-based floaters in July.
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