The People's Government of Inner Mongolia Autonomous Region issues RMB 2.46 bln 10-year Muni
Sep 17, 2018 (China Knowledge) - The People's Government of Inner Mongolia Autonomous Region has issued RMB 2.46 billion 10-year Muni (issue code: 147514.SH) on the Shanghai Stock Exchange market, with a coupon rate of 4.04%.
This is a fixed-rate bond that pays a fixed amount of interest for its entire term. There is no guarantor for the issuance of the bond. The corporation said in a statement that the bonds were issued at face value.
The issue date and listing date are Sep 12 and Sep 17 respectively, and the maturity date is on Sep 13, 2028.
Agricultural Bank Of China Limited has been mandated as lead underwriter and bookrunner.
The semiannual coupons of Muni are scheduled to commence on Sep 13.
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