November 26, 2019 / 10:16 AM / 12 days ago

China sets price guidance for U.S. dollar bond sale

LONDON, Nov 26 (Reuters) - China set price guidance on its U.S. dollar bond offering on Tuesday, according to a document from a lead manager seen by Reuters.

Price guidance is 60 basis points over Treasuries on a three-year tranche, 65 bps on a five-year tranche, 70 bps on a 10-year tranche and 80 bps on a 20-year tranche. The bond is expected to price on Tuesday. (Reporting by Yoruk Bahceli, editing by Karin Strohecker)

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