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China onshore RMB bonds list on SGX for the first time

Felicia Tan
Felicia Tan12/3/2020 05:38 PM GMT+08  • 2 min read
China onshore RMB bonds list on SGX for the first time
A total of six CDB fixed rate bonds across tenors of 1, 3, 5, 7, 10 and 20 years are being listed on SGX.
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The Singapore Exchange (SGX), on Dec 3, welcomed the listing of the onshore bonds of China Development Bank, marking the first time that China onshore RMB bonds are being listed on the exchange.

The bank is the world’s largest development finance institution, and China’s largest bank specialising in medium- to long-term lending and bond issuance.

It has issued over RMB20 trillion ($4.08 trillion) worth of bonds since its establishment in 1994.

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