At the end of the Bank of China, Hong Kong issued 3 billion RMB bonds 0 times the upsurge of debt.

--The 0-month-old debt boom in East Asia China trailing relay our correspondent: Jing Hong Kong entered the 0-month period, the new round of renminbi bond boom unveiled, according to Reuters, the National Development Bank plans to fourth thoughtful Hong Kong issued renminbi bonds this month, the amount has been set at 3 billion yuan. In addition, the market, the Bank of East Asia (0023) of the mainland corporate Bank in East Asia (China), has been awarded 4 billion yuan in renminbi bonds, and is scheduled to be issued in Hong Kong at the end of the month. 　　The industry pointed out that the Hong Kong people would welcome the debt of about 3 per cent per annum, relative to the current HK $100,000 interest deposit, which is only 1 yuan. Foreign sources said, the bank tentatively scheduled to convene next week, a briefing to finalize the bond year and coupon and other details, and on 22nd, in Hong Kong issued 3 billion renminbi bonds. 　　Those who have taken part in this issue of debt are of the view that retail investors should be the principal contributors to the issue because Hong Kong institutions cannot hold the renminbi and the period of bonds will be two or three years. Greed Zheng Yu sang? 0005)? Greed Mei? The bank and BOC Hong Kong are the arrangements for the issuance of the debt. The East Asian Debt coupon is one of the first foreign corporate banks to attract East Asia (China) to issue renminbi bonds in Hong Kong. According to a newspaper report, the bank has been granted a loan of up to $4 billion, the final issue of which has yet to be determined, and does not preclude consideration of a partial use of the issue, but the initial offer should not be less than $1 billion. At this stage, the bank is only inclined to issue a one-year part of renminbi bonds, including institutional and retail investors, to be sold from 29th this month, with the leadership of BOC Hong Kong (2388), CICC and Bea. 　　A spokesman for the Bank of East Asia did not respond to the reports that the issue of debt issues had yet to be approved by the Hong Kong Regulatory Authority. 　　Wintenna, managing director of China Merchants Securities (Hong Kong), expects the coupon rate to be about 2% to 2.5% per cent for the two-year issue, while East Asia (China) may have a high interest rate of 0.1%-0.3%. 　　In his view, the issuance of bonds with mainland banks to Hong Kong is due to the different purposes of supporting national policies, the debt issuance of East Asia (China) is due to the fact that there is a real need for the renminbi, so it is expected to take a longer period of three years and the coupon rate will be slightly higher than that of the State bank to attract investors ' subscription. Greed? The bank was the first mainland financial institution to issue renminbi bonds in Hong Kong and issued a two-year note in July 07 with a coupon of 3.02. And another foreign-owned corporate bank that has been granted renminbi bonds in Hong Kong? Greed 　　(China) said it was still awaiting approval from different regulators and no further information was disclosed. In addition, Standard Chartered China and ICBC Asia's Chinese merchant banks are also planning to come to Hong Kong to issue renminbi bonds. Among them, ICBC Asia chief executive, Chen Aiping, said in a recent visit to foreign companies, the Chinese Bank of China has applied to issue 3 billion yuan in Hong Kong bonds.