PETALING JAYA: China Construction Bank (Asia) Corp Ltd (CCB Asia) has received Bursa Malaysia approval to list the world’s first-ever 21st Century Maritime Silk Road bond worth one billion yuan (RM670mil) on the local bourse.
The notes due in 2017 would be the first yuan-denominated bonds issued by a China state-owned bank to be listed on Bursa under the exempt regime. The issuance is part of China Construction Bank Corp’s (CCB) plan to support China’s “The Land & Maritime Silk Road” initiative.
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