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China Dev Bank to auction 30 bln yuan bonds


SHANGHAI, May 10 (Reuters) - China Development Bank said on Monday it would auction 30 billion yuan ($4.4 billion) of bonds in the interbank market on Thursday. The bonds will comprise a 15 billion yuan five-year fixed-rate issue and a 15 billion yuan 10-year floating-rate issue, which will pay a coupon of a spread over the one-year fixed deposit rate. ($1=6.825 Yuan) (Reporting by Karen Yeung; Editing by Jacqueline Wong) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: CHINA BONDS/CDB (karen.yeung@thomsonreuters.com; +86 21 6104 1783; Reuters Messaging: karen.yeung.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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