December 6, 2013 / 9:12 AM / 4 years ago

China's CCB prices yuan bond in Taiwan below expectations

1 Min Read

TAIPEI, Dec 6 (Reuters) - China Construction Bank (CCB) priced its 2 billion yuan bond ($328.34 million) at 3.25 percent in Taiwan, slightly below market expectations, Taiwan's bond exchange said on Friday.

The three-year bond's yield compared with 3.3 percent expected by the industry.

Bank of China, ICBC and three other major mainland banks have issued yuan-denominated bonds on the island, joining Deutsche Bank in raising funds as Taiwan's offshore yuan market takes off. ($1 = 6.0913 Chinese yuan) (Reporting by Lin Miao-jung; Editing by Kim Coghill)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below