The Export-import (Exim) Bank of China would auction up to 20 billion yuan worth of 4-tranche financial bonds, namely 1-, 3-, 5- and 10-year bonds on December 3.
The value date and circulation date are set on December 4 and December 8 respectively.
The money raised will be used as credit loans of the bank. China Exim Bank is a Chinese government-backed policy bank and its bonds can enjoy zero risk weighting until maturity.
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