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Article: GUOTAI JUNAN OFFERS CNY 1.65BN BONDS
- Article from:
- AsiaInfo Services
- Article date:
- December 8, 2004
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AsiaInfo Services
12-08-2004
Guotai Junan Offers CNY 1.65bn Bonds
SHANGHAI, Dec 08, 2004 (SinoCast via COMTEX) -- Shanghai-registered Guotai Junan Securities Co., Ltd., a leading securities firm in China,has succeeded in offering CNY 1.65 billion bonds, reaching the ceiling the China Securities Regulatory Commission (CSRC) approved.
Guotai Junan is the fifth securities house in the country that issued bonds with the approval of CSRC. Late this October, the securities regulator allowed Guotai Junan to issue these bonds with term of five years and one month. The annual interest rateis a 2.97 premium from the interest rate of fixed-term depositposted by China's central bank and the bond offer ...