China Petrochemical Corporation bonds issued more than 2.84 trillion yuan

NetEase Financial February 27 News China Petrochemical announced today 23 billion yuan a-share convertible bond issue results.　　The announcement indicated that Sinopec this time the convertible bond issue purchase funds to reach 2.84 trillion yuan, far exceed the market anticipation. Sinopec in this issue of the convertible bonds, in addition to the major shareholders of the original shareholders prior to placing petrochemical transfer debt of 6.244 billion yuan, accounting for the total amount of 27.1496%, the online issue of petrochemical transfer debt of 103 million yuan, accounting for the total amount of 0.45%, The purchase funds amounted to 17.495 billion yuan, online check rate of 0.5915442%, the net to the institutional investors to issue effective purchase amount of 2.815 trillion yuan, the final net to institutional investors placing the petrochemical transfer debt of 16.652 billion yuan, accounting for the total amount of 72.4004%,　　The proportion of placements is 0.5915421505%. Sinopec's 23 billion-yuan convertible bond is the largest convertible bond issue in the Asia-Pacific region since last August. Earlier this year, ICBC issued a 25 billion-yuan a-share convertible bond at the end of last August and had frozen more than 560 billion yuan. Due to the release of the petrochemical transfer conditions more generous, the agency expected to freeze the size of funds may exceed the record of the bank's transfer of debt.　　But a comprehensive number of institutional analysis, brokers expect the frozen funds will be more than a trillion yuan, and CICC is expected to be online under the cumulative frozen funds will be more than 2 trillion yuan, the final frozen funding results far more than the institutions previously expected. The issuance of convertible bonds in Sinopec has once caused tension in the interbank market capital. February 22 for Sinopec convertible bond issue Registration Day, the exchange market on the day of the day the bond repurchase (204001) rose 555.24% to 6.88 yuan, turnover of up to 46.44 billion yuan, which means that the investment of the species can obtain 6.88% of the annual return rate, The same day seven days Treasury bond repurchase (204007) also rose 28.16% to 6.69 yuan, turnover of up to 19.4 billion yuan, which means that the investment of the species can be 6.69% of the annual rate of return. While the A-share market in the day a sharp decline, prev index fell by 2.62%, market analysis points out that Sinopec convertible bonds issued as a share of the cause of the plunge.