The People's Bank of China set Thursday's mid-pointrate - a daily reference rate around which the yuan can rise or fall 0.5 per cent - for the renminbi at 6.5997.
The new five-year bonds will pay a coupon of 6.2%, a 3.5 percentage-point spread over the “mid-swaps” rate, a yardstick for creditworthy borrowers of EUROs.