Henan Zhongyuan Expressway's RMB 500 mln 365-day bills offers 2.95% coupon.

Apr 01, 2016 (China Knowledge) - Henan Zhongyuan Expressway Co., Ltd's RMB 500 million unsecured short term bills (issue code: 041658024) with a maturity of 365 days has confirmed its coupon at 2.95%. Shanghai Brilliance Credit Rating and Investor Service Co., Ltd has rated the issuer and bills at AA+ and A-1, respectively. The rating agency's view of issuer repayment's ability is strong, and potential unfavorable external economic factors will have little negative impact. The possibility of default is considered lowest. China Merchants Bank Co., Ltd<600036><3968> is...

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