By Rebecca Melvin
New York, Dec. 2 – China Development Bank has priced RMB 42.5 billion of bonds in six series, including notes due 2021, 2023, 2025, 2027, 2030 and 2040, according to listing confirmation notices with the Singapore Stock Exchange.
Specifically, the lender priced RMB 5 billion of 2.7% bonds due 2021, RMB 5 billion of 3% bonds due 2023, RMB 9 billion of 3.34% bonds due 2025, RMB 3 billion of 3.39% bonds due 2027, RMB 18 billion of 3.7% bonds due 2030 and RMB 2.5 billion of 3.9% bonds due 2040.
The bonds were issued on Nov. 26. Their listing is effective on Thursday.
The bank is based in Beijing.
| Issuer: | China Development Bank
|
| Issue: | Notes
|
| Amount: | RMB 42.5 billion
|
| Listing date: | Dec. 3
|
|
|
| 2021 notes
|
| Amount: | RMB 5 billion
|
| Maturity: | 2021
|
| Coupon: | 2.7%
|
| Issue date: | Nov. 26
|
|
|
| 2023 notes
|
| Amount: | RMB 5 billion
|
| Maturity: | 2023
|
| Coupon: | 3%
|
| Issue date: | Nov. 24
|
|
|
| 2025 notes
|
| Amount: | RMB 9 billion
|
| Maturity: | 2025
|
| Coupon: | 3.34%
|
| Issue date: | Nov. 26
|
|
|
| 2027 notes
|
| Amount: | RMB 3 billion
|
| Maturity: | 2027
|
| Coupon: | 3.39%
|
| Issue date: | Nov. 24
|
|
|
| 2030 notes
|
| Amount: | RMB 18 billion
|
| Maturity: | 2030
|
| Coupon: | 3.7%
|
| Issue date: | Nov. 26
|
|
|
| 2040 notes
|
| Amount: | RMB 2.5 billion
|
| Maturity: | 2040
|
| Coupon: | 3.9%
|
| Issue date: | Nov. 24
|
|
|
|
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