The China Development Bank issued multiple bond tranches, including a 1-year issue of 6 billion yuan at an interest rate of 1.3052%, a 3-year issue of 2 billion yuan at 1.3705%, a 5-year issue of 8 billion yuan at 1.5704%, and a 10-year issue of 14 billion yuan at 1.8057%. The bid multiples for each tranche were 7.17, 5.60, 3.81, and 4.00 respectively, with marginal multiples of 4.43, 4.78, 2.35, and 4.55
The China Development Bank issued a 1-year bond with a size of 6 billion yuan, an issuance yield of 1.3052%, an expected yield of 1.2900%, a bid multiple of 7.17 times, and a marginal multiple of 4.43 times; The China Development Bank issued a 3-year bond with a size of 2 billion yuan, an issuance yield of 1.3705%, an expected yield of 1.3800%, a bid multiple of 5.60 times, and a marginal multiple of 4.78 times; The China Development Bank issued a 5-year bond with a size of 8 billion yuan, an issuance yield of 1.5704%, an expected yield of 1.5700%, a bid multiple of 3.81 times, and a marginal multiple of 2.35 times; The China Development Bank issued a 10-year bond with a size of 14 billion yuan, an issuance yield of 1.8057%, an expected yield of 1.8000%, a bid multiple of 4.00 times, and a marginal multiple of 4.55 times.
