China Mobile RMB5b bonds obtain over-subscription

China Mobile (0941) spokesman said that its RMB5 bln bonds received favorable response and obtained over-subscription, but he refused to disclose details. 

Among the batch of 10-year bonds, RMB4.5 bln would be sold to institutional investors and the remainder of RMB500 mln sold to small investors. The batch of bonds is the largest of its kind in China.

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