China Development Bank announced Tuesday afternoon that it will
issue 5 billion yuan (about US$657 million) RMB bonds in Hong
Kong.
This is the first batch of Chinese currency bond to be launched
outside the Chinese mainland. The two-year paper in Hong Kong, with
3 percent annual yielding, will be sold synchronously to
institutions and individual investors from June 27 to July 6.
(Xinhua News Agency June 26, 2007)