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China Development Bank to issue US$656m RMB bond in Hong Kong

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Updated: 2007-06-27 11:12

China Development Bank announced Tuesday afternoon that it will issue 5 billion yuan (US$656 million) RMB bond in Hong Kong.

This is the first batch of Chinese currency bond to be launched outside the Chinese mainland. The two-year paper in Hong Kong, with 3 percent annual yielding, will be sold synchronously to institutions and individual investors from June 27 to July 6.


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