According to the Zhitong Finance App, China Overseas Development (00688) issued an announcement regarding the issuance of the first issue of domestic RMB 2018 medium-term notes by CNOOC Enterprise Development Group Co., Ltd. (previously known as CNOOC Properties Group Co., Ltd.), a wholly-owned subsidiary of the company. The notes will pay interest on February 6, 2020.
According to reports, this issue of notes is called “18 China Sea Properties MTN001” for short. The total amount issued is 3 billion yuan, and the interest rate is 5.60%.