综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Reform won't hurt bond rating: CDB

By Zhang Lu (China Daily)
Updated: 2007-03-14 14:04

The ongoing reform of the China Development Bank (CDB) will not affect its bond rating, as government policies will not change, the bank's vice-governor Gao Jian said yesterday.

China's National Financial Work Conference, held in late January, said it would fully commercialize the policy-oriented bank's operations, sparking market concern over its bond issues.

The government regulator told the bank there would be no change regarding supporting policies after the bank's "commercialization reform", according to Luo Lin, director of the bank's treasury department.

The policies include the central bank's support of the CDB's fluidity and management rules on its bond issues.

"The government's policy support, as well as our sound business performance, will ensure the sustainability of our bond rating," said Gao Jian, at the bank's meeting with its financial bond underwriters in Hainan Province.

According to Gao, the bank's non-performing loans ratio was only 0.72 percent at the end of 2006.

"After the reform, the bank will focus on its mid- and long-term business and bond issues will remain its main financing channel," Gao said.

The bank has already issued its first 20-billion-yuan batch of bonds this year. The second batch will be issued later and is set to top 20 billion yuan.

The CDB issued a total of 630 billion yuan in bonds in 2006, offering capital support in its role of funding the country's key infrastructure and industrial projects.


(For more biz stories, please visit Industry Updates)



Related Stories  
淳安县| 南靖县| 安丘市| 化州市| 海兴县| 北安市| 婺源县| 梅州市| 湖口县| 遂川县| 枝江市| 光泽县| 望都县| 普安县| 库车县| 新安县| 霍州市| 县级市| 会泽县| 威海市| 延安市| 新巴尔虎左旗| 晋中市| 昆明市| 富裕县| 洮南市| 平江县| 马关县| 泸西县| 页游| 北京市| 黔南| 山阳县| 禄丰县| 托里县| 交口县| 常宁市| 突泉县| 峨眉山市| 自贡市| 定州市|