The China Development Bank issued multiple tranches of bonds, including 2-year bonds worth 6 billion yuan (interest rate 1.4479%), 3-year bonds worth 5 billion yuan (interest rate 1.4832%), 5-year bonds worth 8 billion yuan (interest rate 1.6152%), and 10-year bonds worth 14 billion yuan (interest rate 1.9124%). The bid multiples for each tranche were 3.90x, 4.01x, 4.40x, and 3.03x, with marginal multiples of 1.14x, 2.74x, 3.33x, and 28.61x, respectively
The China Development Bank issued 2-year bonds with a scale of 6 billion yuan, an issuance rate of 1.4479%, an expectation of 1.4500%, a bid multiple of 3.90x, and a marginal multiple of 1.14x; The China Development Bank issued 3-year bonds with a scale of 5 billion yuan, an issuance rate of 1.4832%, an expectation of 1.5000%, a bid multiple of 4.01x, and a marginal multiple of 2.74x; The China Development Bank issued 5-year bonds with a scale of 8 billion yuan, an issuance rate of 1.6152%, an expectation of 1.6100%, a bid multiple of 4.40x, and a marginal multiple of 3.33x; The China Development Bank issued 10-year bonds with a scale of 14 billion yuan, an issuance rate of 1.9124%, an expectation of 1.9100%, a bid multiple of 3.03x, and a marginal multiple of 28.61x.
