CDB landmark bonds deepen CNH market

The offering of Rmb4.5 billion was met with strong investor interest and was overall 1.22 times covered.
The issue from CDB, the country’s policy bank, is rated Aa3 by Moody’s and AA- by S&P.
The issue from CDB, the country’s policy bank, is rated Aa3 by Moody’s and AA- by S&P.
November 07, 2013

China Development Bank has priced a Rmb4.5 billion three-tranche Reg S senior unsecured bond offering, setting a benchmark for upcoming CNH notes.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media