Fitch rates Taiwan Eximbank bond AAA(twn)

Fitch Ratings said it assigned an AAA(twn) national long-term rating to the Export-Import Bank of the Republic of China's (Taiwan's Eximbank) proposed two-year NT$2 billion senior unsecured bond.

The bond carries a fixed coupon rate and matures Feb. 12, 2016.

The bond is rated at the same level as Taiwan Eximbank's national long-term rating of AAA(twn) with stable outlook, Fitch said.

The new debt issue aims to secure more stable and mid-term funding, the agency said.

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