Published on 6/7/2021 in the Prospect News Emerging Markets Daily.
New Issue: China’s Luzhou Bank sells RMB 2 billion 3.85% three-year bonds
By Marisa Wong
Los Angeles, June 7 – Luzhou Bank Co., Ltd. issued RMB 2 billion of 3.85% three-year bonds in China’s interbank bond market, according to a company announcement.
Proceeds will be used to issue loans for small and micro enterprises.
The banking services provider is based in Luzhou, China.
Issuer: | Luzhou Bank Co., Ltd.
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Issue: | Bonds
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Amount: | RMB 2 billion
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Maturity: | Three years
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Coupon: | 3.85%
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Announcement date: | June 7
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