Home > Airlines > Air China issues RMB 1 billion Yuan short-term bonds

Air China issues RMB 1 billion Yuan short-term bonds

03/25/2016| 11:30:46 AM|

Air China launched one billion yuan worth of short-term bond issue as the carrier's second deal of the year.

The super short-term bonds, issued to institutional investors in the Chinese inter-bank bond market, have a maturity of 180 days, with an annualized interest rate of 2.71 percent.

Air China's issue is part of a 10 billion yuan approval it received for short-term bonds with a tenure no longer than 270 days over a two year period.

The state-owned major carrier launched a RMB 2 billion worth of short-term bond issue which was the airline's first deal of 2016

Read original article

TAGS: Air China | bonds | aviation | China
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!