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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

China Development Bank to sell up to CNY20 bln bonds via private placement soon

Posted on 05 June 2012

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


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