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China Development Bank sells 2 bln U S dollar onshore bonds - Buz & Tech News

2021-06-03 13:10:21 GMT2021-06-03 21:10:21(Beijing Time)  BEIJING, June 3 (Xinhua) The China Development Bank (CDB), one of the country s policy banks, issued 2 billion U.S. dollars in onshore bonds on Thursday, its first such USD-denominated bond issuance for six years. The one-year bonds yield a coupon of 0.38 percent, according to a statement posted on the CDB s website. It has helped the CDB broaden its foreign-currency financing channels and offers domestic institutions diversified foreign-currency investment products, said the bank. The bank said it would continuously enrich bond products and actively promote the interconnection and high-quality development of the bond market.

China Development Bank sells 2 bln U S dollar onshore bonds

Chinese yuan weakens to 6 3773 against USD Wednesday - Buz & Tech News

2021-06-02 01:40:29 GMT2021-06-02 09:40:29(Beijing Time)  BEIJING, June 2 (Xinhua) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 201 pips to 6.3773 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Enditem SINA English is the English-language destination for news and information about China. Find general information on life, culture and travel in China through our news and special reports or find business partners through our online Business Directory. For investment opportunities with SINA, please click the link Investor below.

Chinese yuan weakens to 6 3773 against USD Wednesday--China Economic Net

Chinese yuan weakens to 6 3773 against USD Wednesday--China Economic Net
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