BRIEF-Bank Of China Announces Completion Of Issuance Of Tier-2 Capital Bonds

Reuters02-01

Feb 1 (Reuters) - Bank of China Ltd :

* COMPLETION OF ISSUANCE OF TIER-2 CAPITAL BONDS

* ON 30 JAN, BANK ISSUED TIER-2 CAPITAL BONDS FOR RMB60 BILLION IN DOMESTIC INTERBANK BOND MARKET

* FUNDS RAISED FROM ISSUANCE OF BONDS WILL BE USED TO REPLENISH BANK'S TIER-2 CAPITAL

* SECOND TRANCHE OF BONDS ARE FIXED RATE BONDS WITH A TERM OF 15 YEARS, COUPON RATE OF 2.85%, AMOUNT OF RMB30 BILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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