The Export-Import Bank of China or China Exim Bank will invite bidding for at maximum five billion yuan of 20-year bonds on December 29.
According to the Chinese policy lender, the value date of the product is January 12, 2016 and it will be available for secondary market trading from January 14, 2016. China Exim Bank planned to use the funds raised from these issues to support its credit lending business.
The bank is a Chinese policy bank founded to boost China's foreign trade and its bonds can enjoy zero risk weighting until maturity.
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