CDB, Sinotruk dim sum bonds

Dim sum bonds for CDB and Sinotruk reflect investor favouritism

China Development Bank establishes an important 20-year benchmark for the dim sum market, while Sinotruk prices a Rmb1.8 billion bond.

<div style="text-align: left;"> Investors are wary of China's truck market </div>

Denise Wee

July 30, 2012

Two Chinese state-owned entities — China Development Bank and truckmaker Sinotruk — crossed the line with bond issues late last week.

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].