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