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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

Central Huijin sets coupon range for maiden bond sale Tuesday

Posted on 24 August 2010

From Dow Jones: Central Huijin Investment Ltd., the domestic investment arm of China’s sovereign-wealth fund, said Monday it set the indicative range for the coupons on its maiden bond sale of up to CNY54 billion ($7.95 billion), which it plans to use to finance its participation in the fund-raising plans of major Chinese banks.

Central Huijin said in a statement it plans to sell the seven-year tranche at a coupon of 2.85%-3.45% and the 20-year portion at 3.87%-4.47%…………………………………….Full Article: Source


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