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Sinoma corporate bonds begin trading

Sinoma corporate bonds begin trading

Write: Davidson [2011-05-20]

From August 19, corporate bonds issued by China National Materials Co., Ltd (Sinoma) begin trading on Shanghai Stock Exchange trading market auction system and the fixed-income securities comprehensive electronic trading platform.

The total amount of the corporate bonds issued by Sinoma is 2.5 billion yuan. The seven-year bonds are fixed-rate bonds with a coupon rate of 5.40 percent.