China Exim Bank five-year bonds sold at 2.60 percent

16 Nov, 2008

China Export-Import Bank auctioned 10 billion yuan ($1.5 billion) of five-year fixed-rate bonds in the interbank market on Thursday at a yield of 2.60 percent, traders said. The auction yield was far below Thursday's indicative secondary market yield of 2.9144 percent bid for five-year financial bonds issued by policy banks, according to Reuters Reference Rates.

Read Comments