China Merchants Bank Issues 3 Billion Yuan Medium-Term Bonds

MT Newswires Live04-23

China Merchants Bank (SHA:600036, HKG:3968) issued 3 billion yuan worth of medium-term bonds, according to a Hong Kong bourse filing on Wednesday.

The lender's Hong Kong shares rose less than 1% during the Thursday trade.

The bonds are due 2029 and have an interest rate of 1.73%.

The bonds, listed on the London Stock Exchange, is part of the company's $5 billion medium-term bond program.

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