Mainland’s STB in 30 year bond issue
(China) - China's State Development Bank (STB) is issuing the second phase of 30 year financial bonds this month.
The Bank is floating RMB10 billion worth of bonds at a fixed interest rate calculated 12 January 2002, with payments for the bonds beginning now.
Domestic distributors of the bonds include Chinese invested commercial banks, insurance companies and rural credit cooperatives.
Domestic distributors of the bonds include Chinese invested commercial banks, insurance companies and rural credit cooperatives.
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