China Development Bank (CDB) would auction overall 32 billion yuan of 5-tranche bonds, namely 1-, 3-, 5-, 7- and 10-year bonds on May 12. These batches of bonds are the sequel for the 7th-11th batches offered by the CDB this year, with the auction amounts standing at 5 billion yuan, 6 billion yuan, 6 billion yuan, 6 billion yuan and 9 billion yuan, respectively. Dutch bidding will be adopted as the tender mode for the bond offerings.
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