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Tuesday, October 25, 2011

Two railway bond market was "looting"

Two railway bond market was "looting" Ministry of Railways on the 26th tender issued $ 10 billion 7-year railroad bonds and 10 billion yuan 20-year bonds. Distribution showed two new debt tender bid interest rates were to guide interest rates fall lower range, while two new debt has been the market "looting" type tender, varieties of 20-year multiple of nearly 17 times subscribed intuitive and clearly shows the market popular subscription. Analysts said that following the interest income by half, the railway ...Two railway bond market was "looting"

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