China Development Bank pushes tenor in dim sum market

Another day, another milestone in the dim sum bond market as CDB prices a Rmb1.5 billion 15-year deal.
January 13, 2012

Chinese policy bank China Development Bank (CDB) established a new 15-year benchmark in the offshore renminbi bond market on Thursday night, when it priced a Rmb1.5 billion ($237 million) bond.

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