Banking News
- Industrial Bank to issue bonds
Date: 23-Mar-2007 Sources: (Shenzhen Daily)
INDUSTRIAL Bank said Thursday it would soon issue 19 billion yuan (US$2.46 billion) of bonds on the domestic interbank market.
The offer will be part of a 35 billion yuan package of bonds that was approved by its shareholders in June. The first batch of bonds worth 16 billion yuan was sold in December, the Shanghai-listed bank noted, without giving any details of the new issue.
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