China Development Bank announced on Monday that it planned to issue three batches of bonds on January 21.
The three batches of bonds bear a maturity of 1 year, 3 years and 20 years, with the offering scale at 4 billion yuan, 2 billion yuan and 4 billion yuan respectively. These are the additional issue of the 1st, 2nd and 5th batches of bonds offered by the bank in 2016.
Noticeably, the 1-year and 3-year varieties are floating-rate bonds, while the 20-year one belongs to fixed-rate bonds.
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