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CDB to Issue 5 Bln Yuan RMB Bonds in HK
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China Development Bank announced Tuesday afternoon that it will issue 5 billion yuan (about US$657 million) RMB bonds 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.


(Xinhua News Agency June 26, 2007)


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