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Published on 12/6/2017 in the Prospect News Emerging Markets Daily.

New Issue: China Galaxy Securities issues RMB 4 billion 5.53% two-year bonds

By Marisa Wong

Morgantown, W.Va., Dec. 6 – China Galaxy Securities Co., Ltd. said it issued RMB 4 billion of 5.53% two-year bonds at par on Wednesday.

Proceeds will be used to supplement working capital.

The brokerage is based in Beijing.

Issuer:China Galaxy Securities Co., Ltd.
Issue:Corporate bonds, 2017 sixth tranche
Amount:RMB 4 billion
Maturity:Two years
Coupon:5.53%
Price:Par of RMB 100
Yield:5.53%
Settlement date:Dec. 6

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