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.
Issue:	Bonds
Amount:	RMB 2 billion
Maturity:	Three years
Coupon:	3.85%
Announcement date:	June 7

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