BONDS: CDB lifts size of 1-yr CDs to HK$2.675bn
China Development Bank, Hong Kong branch, has upsized its one-year 1.65% CD to HK$2.675bn (US$343m) from HK$1bn at the announcement, thanks to overwhelming response from the market. The fact that it is a policy bank credit and the benchmark size of the issue are said to have been the lure for investors.
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