Chinese policy banks issue bonds to combat coronavirus.
BANKING AND CREDIT NEWS-February 6, 2020--Chinese policy banks issue bonds to combat coronavirus
(C)2020 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 06 February 2020
Four policy banks in China have issued bonds to try and combat the effects of the coronavirus.
Banks are on track to issue CNY16bn in bonds to raise funds for combating the spread of the coronavirus. The Agricultural Development Bank of China (ADBC) issued CNY5bn in bonds for combating the spread of the coronavirus. The bonds carried a coupon rate of...
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