Published on 3/16/2020 in the Prospect News Emerging Markets Daily.
New Issue: China’s Chongqing Rural sells RMB 8 billion 3.89% three-year bonds
By Marisa Wong
Los Angeles, March 16 – Chongqing Rural Commercial Bank Co., Ltd. said it issued RMB 8 billion of 3.89% three-year bonds on Monday.
Proceeds will be used to replenish the Chongqing, China-based bank’s working capital.
Issuer: | Chongqing Rural Commercial Bank Co., Ltd.
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Issue: | Bonds
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Amount: | RMB 8 billion
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Maturity: | Three years
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Coupon: | 3.89%
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Settlement date: | March 16
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