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China Dev. Bank to issue RMB36bln 5 batches of bonds Feb. 2

BEIJING
2016-01-28 14:54

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China Development Bank announced on Thursday that it planned to issue five batches of bonds on February 2. The five batches of bonds bear a maturity of 1 year, 3 years, 5 years, 7 years and 10 years, with the offering scale at 4 billion yuan, 6 billion yuan, 7 billion yuan, 6 billion yuan and 13 billion yuan respectively.

These are the additional issue of the 18th, 20th, 21st, 23rd batches of bonds offered by the bank in 2015 and the fresh issue of the 4th batch in 2016. The money raised will be used to support shantytown restoration and urban infrastructure construction.

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