China Bank to issue P5-B fixed rate bonds 0 SHARES Share it! Share TweetBy James A. LoyolaChina Banking Corporation (China Bank) is raising at least P5 billion through its maiden peso fixed rate bonds issue slated for June 10 to 28, 2019. In a statement, China Bank said its bonds carry an annual interest rate of 5.70 percent which will be paid on a monthly basis. Last year, China Bank raised P10.25 billion through a public offering of peso-denominated Long-Term Negotiable Certificates of Time Deposits (LTNCD). The China Bank Bonds will be listed on the Philippine Dealing & Exchange (PDEx) platform on July 10, 2019.

Source: Manila Bulletin June 12, 2019 13:52 UTC