(Yicai Global) Feb. 6 -- The first bonds whose funds will be specifically used for prevention and control of the new coronavirus and issued by China Development Bank at a 1.65 percent interest rate today were oversubscribed 11.85 times, the Shanghai Securities News reported.

The instruments, which have a maturity of one year, are worth CNY13.5 billion (USD1.94 billion) and went on sale via multiple channels, with CNY8 billion to the domestic interbank bond market and Bond Connect channels.

CNY5.5 billion worth of them were made available to the general public for online purchase. 

Editor: Ben Amour