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02066 SHENGJINGBANK
RTNominal up0.580 +0.010 (+1.754%)
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15/01/2018 08:56

Shengjing Bank plans to issue up to Rmb30bn financial bonds

[ET Net News Agency, 15 January 2018] Shengjing Bank (02066) said it proposes to issue
financial bonds in the aggregate principal amount of up to Rmb30 billion to members of the
inter-bank bond market in China.
The bonds will have a term of maturity of less than five years. The interest rate of the
bonds will be determined by bookbuilding-based centralised allocation or open tendering.
The proceeds will be used to optimise the matching structure of the bank's medium-and
long-term assets and liabilities, increase and stabilise the sources of the bank's medium
and long-term liabilities, and support the bank's medium and long-term asset business.
(HL)

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