- CNTV English - CCTV News

China's Huijin to sell 7-year bonds at 3.27%

08-24-2010 11:17 BJT

Central Huijin Investment Corporation is expected to sell seven-year bonds in China's interbank market on Tuesday, at a coupon rate of about 3.27 percent. Analysts say it reflects strong demand amid ample liquidity.

Huijin, the country's largest state-controlled bank, is raising funds as part of efforts to replenish the capital of the country's banks. Huijin is offering 20 billion yuan of seven year bonds and 20 billion yuan of 20-year bonds. Traders also expect Huijin to sell 20-year bonds at a coupon rate of around 4.12 percent.

Huijin's bonds have been classified as risk-free. Experts are expecting strong demand, given the company's strong credit.

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program