TREE NEWS update: China Exim Bank priced its 1-year bond at 120 billion yuan with a coupon of 1.3337%, below the expected 1.3500%. The bid-to-cover ratio was 2.86 times, and the marginal ratio was 1.25 times, indicating solid demand.
China Exim Bank sells CNY12B 1-yr bond at 1.3337%
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