First China yuan bonds to be listed in Malaysia


Yang Hao, Deputy Chief Executive of China Construction Bank (Asia) Corp Ltd (“CCB Asia”) striking the gong to signify the launch of the proposed listing of the world’s first ever 21st Century Maritime Silk Road bond on Bursa Malaysia witness by Dato’ Sri Nazir Razak, Group Chairman of CIMB Group (third right), Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive of CIMB Group (second right), Tan Sri Amirsham A Aziz, Chairman of Bursa Malaysia (right), Ren Dongyan, General Manager of China Construction Bank Singapore Branch (“CCB Singapore”) (second left) and Lu Yang, Deputy CEO of China Construction Bank International (“CCB International”) (left)

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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