China Development Bank Corp. plans to sell 10 billion yuan (1.58 billion dollar) to CNY20 billion worth of bonds soon via a private placement, two people familiar with the situation said.
The bank, China’s biggest bond issuer after the Ministry of Finance, is owned by the ministry, Central Huijin Investment Ltd., a domestic investment arm of China’s sovereign wealth fund, and China’s national pension fund………………………………………..Full Article: Source