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CDB to sell RMB32 bln 5-tranche bonds May 19

BEIJING
2015-05-15 09:35

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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 19.

These batches of bonds are the sequel for the 7th-11th batches offered by the CDB this year, with the auction amounts standing at 4 billion yuan, 7 billion yuan, 6 billion yuan, 7 billion yuan and 8 billion yuan, respectively. Dutch bidding will be adopted as the tender mode for the bond offerings.

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