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Oct 14, 2005

Bonds - China - The first Chinese automaker to issue short-term finance bonds

China Heavy-Duty Truck floats short-term bonds

Singapore -Auto Asia (subscription) -12 Oct 2005: -- China Heavy-Duty Vehicle Corporation has floated short-term finance bonds with a nominal value of a billion yuan (USD123.6 million) on the national interbank bond market, becoming the first Chinese automaker to issue short-term finance bonds after new regulations promulgated by the People's Bank of China took effect in May this year...

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