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Raiffeisen Places Chinese Bonds
The Austrian bank places 750 million yuan in first sale dim sum bonds.
Raiffeisen Places Chinese Bonds / Picture: © Vindobona.org
Raiffeisen Bank International AG said it placed 750 million yuan ($119 million) of two-year securities in its first sale of Dim Sum bonds, according to spokeswoman Susanne Langer.
The bonds have a coupon of 4.55 percent, Langer said in an e-mailed statement today. “The final coupon was 20 basis points tighter than initial guidance, nevertheless the book was two times…
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