Xiamen Bank Issues 3 Billion Yuan of Three-Year Debts
Xiamen Bank (SHA:601187) completed the issuance of 3 billion yuan of three-year fixed-rate bonds, according to a Saturday filing with the Shanghai bourse.The bonds have a coupon rate of 1.59%. Proceeds will go to debt repayment, capital replenishment, business promotion, and credit support for technical innovation.The bank's shares fell 1% during afternoon trading on Monday.