Davis Polk advised the joint lead managers in connection with the issue of RMB5 billion 3.10% bonds due 2016 by The People’s Bank of China.

The People's Bank of China is the Central Bank of the People's Republic of China. The People’s Bank of China under the leadership of the State Council, is responsible for formulating and implementing monetary policy, preventing and mitigating financial risks and safeguarding financial stability.

The Davis Polk corporate team included partners Paul Chow and Antony Dapiran and counsel Liang (Alex) Tao. Members of the Davis Polk team are based in the Hong Kong office.