According to China Construction Bank Singapore, this issue was oversubscribed, with strong demand from central banks, commercial banks, private banks, insurance companies and asset managers.
China Construction Bank Corporation’s Singapore Branch has issued $350 million worth of infrastructure bonds that will be quoted on the Singapore Exchange.
The $350 million 2-year bonds were priced at a coupon of 2. 85%, after a tightening of 20 bps from the initial price guidance.
