STO Express (SHE:002468) proposed to issue convertible bonds of up to 3 billion yuan, according to a Thursday disclosure on the Shenzhen bourse.
The bonds will have a term of six years.
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Everbright Securities Renews $1 Billion Offshore Medium-Term Note Program
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Jiangxi Copper Raises 2.5 Billion Yuan in Two-Tranche Bond Offering
Jiangxi Copper (SHA:600362, HKG:0358) raised 2.5 billion yuan via the issue of two tranches of medium-term bonds, according to a Thursday filing with the Shanghai bourse.The copper miner issued 900 million yuan of 10-year bonds with a 2.20% coupon and 1.6 billion yuan of 15-year bonds with a 2.40% coupon.China Merchants Bank served as lead underwriter, with China Merchants Securities and Industrial Bank as joint lead underwriters.
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US Treasury Closing Levels
3:00 Wednesday vs 3:00 Tuesday2yr 100-01 vs 99-26; 4.231% vs 4.273%5yr 100-03+ vs 100-02; 4.349% vs 4.359%10yr 98-01+ vs 98-18+; 5.152% vs 5.111%30yr 97-25 vs 98-17; 5.141% vs 5.093%2/10 38.692 bps vs 32.747 bps5/30 79.303 bps vs 73.180 bps