"*MANDATE: SHANDONG GOLD REG S GUARANTEED USD BONDS" - BBG
State owned Shandong Gold one of the largest producers of gold in China, has mandated banks for a new $ deal. No indication of maturity or size yet, though we note earlier reports regarding interest in a $300m syndicated loan. This would be a debut $ issue.
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The USD/CNY fix printed at 7.2110, versus a BBG market consensus of 7.3185.
In Tokyo morning trade, JGB futures are slightly weaker, -5 compared to settlement levels, after reversing early gains.