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CSIC issues 3.5bn yuan corporate bonds

CSIC issues 3.5bn yuan corporate bonds

Beijing: Helping finance its rapid expansion China Shipbuilding Industry Corporation (CSIC), one of China's two largest shipbuilding groups, today issued 3.5 bn yuan fixed-rate corporate bonds with a maturity period of seven years. The coupon interest rate is set at 5.6 percent.  [3/9/08]