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Raiffeisen Places Chinese Bonds

Published: March 16, 2012; 17:07 · (Vindobona)

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…

This article includes a total of 96 words.

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