Bank of Changsha Issues 6 Billion Yuan Three-Year Bonds
Bank of Changsha (SHA:601577) completed the issuance of 6 billion yuan of three-year bonds, according to a Wednesday filing with the Shanghai bourse.The bonds have a coupon rate of 1.59%. Proceeds will go to boost the bank's asset and liability structure and support the development of its new medium- and long-term asset business, the filing said.