Zhi Tong Cai Jing·2026-01-09 14:38Core Viewpoint - China Overseas Development (00688) has announced the issuance of corporate bonds not exceeding 15 billion yuan, with a total issuance scale of up to 2.5 billion yuan for the first phase [1] Group 1: Bond Issuance Details - The issuer, China Overseas Enterprise Development Group Co., Ltd., has received approval from the China Securities Regulatory Commission for the public issuance of bonds [1] - The bonds will be issued in two varieties: "26 Zhonghai 01" with a code of 524623 and "26 Zhonghai 02" with a code of 524624 [1] - The first variety has a term of 3 years, while the second variety has a term of 5 years, both with inter-variety transfer options [1] Group 2: Financial Terms - The total issuance scale for this phase is capped at 25 billion yuan, with each bond having a face value of 100 yuan and a maximum issuance of 25 million bonds [1] - The coupon rate inquiry range for the first variety is set between 1.60% and 2.60%, while the second variety's inquiry range is between 1.80% and 2.80% [1] - The issuer and the lead underwriter will conduct a rate inquiry on January 12, 2026, to determine the final coupon rates based on investor interest [1]