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CDB Said to Plan 1 Billion Increase to Dim Sum Bond Due 2027

March 23 (Bloomberg) -- China Development Bank Corp. is planning to increase its January 2027 bonds sold in the Hong Kong markets by 1 billion yuan ($159 million), according to a person familiar with the matter.

The notes are being marketed to yield 4.2 percent, the person said, asking not to be identified because the details are private. China Development Bank first sold 1.5 billion yuan of the securities in January at the same yield, according to data compiled by Bloomberg.

To contact the reporter on this story: Tanya Angerer in Singapore at tangerer@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net

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