The territory of China National Petroleum Corporation designs to topic dollar bonds
China National Petroleum Corporation (hereinafter mentioned to in the oil) will be handed out in the inter-bank market the first U.S. non-financial organisations in the territory of debt.
According to people close to the underwriters that the oil issue in the territory of three billion dollars in debt have been reported to the central bank and the SAFE and other related departments, is expected through the near future. Because it is difficult to determine the issue, there is only the first issue of one billion U.S. dollars. This model with the inter-bank market has been in operation for a mature system of consistent medium-term note issuance.
The U.S. territory for a three-year bobbing rate liability debt by the Bank of China and Agricultural Bank as junction lead underwriters, in the inter-bank market-oriented institutional investors issue. These persons supplemented that part of such a structure can decrease the force on underwriting and distribution.
A large investment bank underwriters of the bonds, the non-financial institutions to issue debt of U.S. preparations for some time, mainly government departments and enterprises in promoting.
A large financial banks who clarified that the topic of territory to U.S. business bonds are high-quality large-scale enterprises, for example the centered rate, if the desires of foreign trade and buying into to lift dollar-denominated assets, U.S. dollar bonds handed out in the territory of the cost far underneath the topic out-of-doors the cost of bonds and bank borrowings, enterprises have a larger going by car force distribution.
China National Petroleum Corporation recently announced a series of overseas strategic plan, including the just and the Kazakhstan national oil and gas shares to expand oil and gas company signed a framework cooperation agreement, in which the oil will be five billion U.S. dollars to provide financial support for both the acquisition of Kazakh Gershwin Steinman sets of oil and gas companies, and Kazakhstan to build a north-south gas pipeline, the pipeline will "towards the Chinese border."
Further stated that the above-mentioned persons, in addition to the liquidity banks, insurance agencies in the capital accumulation period, the inter-bank market, institutional investors need to configure many of the foreign currency assets; as long as the dollar debt issued in foreign currency interest rate is higher than the interest rate on deposits, institutional investors will have to configure the driving force.
However, contrasted to the present inter-bank market at every turn tens of billions of yuan bonds scale, is about to open their territory of non-financial organisations to lesser dollar liability handed out in the pre-pressure may be larger liquidity, which will sway bonds interest rates.
China U.S. debt is now at the primary point in time, the main subject is the economic institutions. According to the Central Securities Depository Trust & Clearing Corporation, as of the end of March of U.S. debt trusteeship 5.23 billion U.S. dollars. The end of terminal year, the State Development Bank has liberated 200 million U.S. dollars for the biennium of U.S. debt, nominal spare-time activity rate is based on six-month U.S. dollar LIBOR plus 50 basis points, underwriters for Bank of Beijing, the Agricultural Bank, China Merchants Bank, Bank of Communications, China banks, China Construction Bank and Huaxia Bank. - 18758
According to people close to the underwriters that the oil issue in the territory of three billion dollars in debt have been reported to the central bank and the SAFE and other related departments, is expected through the near future. Because it is difficult to determine the issue, there is only the first issue of one billion U.S. dollars. This model with the inter-bank market has been in operation for a mature system of consistent medium-term note issuance.
The U.S. territory for a three-year bobbing rate liability debt by the Bank of China and Agricultural Bank as junction lead underwriters, in the inter-bank market-oriented institutional investors issue. These persons supplemented that part of such a structure can decrease the force on underwriting and distribution.
A large investment bank underwriters of the bonds, the non-financial institutions to issue debt of U.S. preparations for some time, mainly government departments and enterprises in promoting.
A large financial banks who clarified that the topic of territory to U.S. business bonds are high-quality large-scale enterprises, for example the centered rate, if the desires of foreign trade and buying into to lift dollar-denominated assets, U.S. dollar bonds handed out in the territory of the cost far underneath the topic out-of-doors the cost of bonds and bank borrowings, enterprises have a larger going by car force distribution.
China National Petroleum Corporation recently announced a series of overseas strategic plan, including the just and the Kazakhstan national oil and gas shares to expand oil and gas company signed a framework cooperation agreement, in which the oil will be five billion U.S. dollars to provide financial support for both the acquisition of Kazakh Gershwin Steinman sets of oil and gas companies, and Kazakhstan to build a north-south gas pipeline, the pipeline will "towards the Chinese border."
Further stated that the above-mentioned persons, in addition to the liquidity banks, insurance agencies in the capital accumulation period, the inter-bank market, institutional investors need to configure many of the foreign currency assets; as long as the dollar debt issued in foreign currency interest rate is higher than the interest rate on deposits, institutional investors will have to configure the driving force.
However, contrasted to the present inter-bank market at every turn tens of billions of yuan bonds scale, is about to open their territory of non-financial organisations to lesser dollar liability handed out in the pre-pressure may be larger liquidity, which will sway bonds interest rates.
China U.S. debt is now at the primary point in time, the main subject is the economic institutions. According to the Central Securities Depository Trust & Clearing Corporation, as of the end of March of U.S. debt trusteeship 5.23 billion U.S. dollars. The end of terminal year, the State Development Bank has liberated 200 million U.S. dollars for the biennium of U.S. debt, nominal spare-time activity rate is based on six-month U.S. dollar LIBOR plus 50 basis points, underwriters for Bank of Beijing, the Agricultural Bank, China Merchants Bank, Bank of Communications, China banks, China Construction Bank and Huaxia Bank. - 18758
posted by X - Men at
1:58 AM
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