Air China issues RMB 1 billion Yuan short-term bonds
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
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