China Bohai Bank Sells 5 Billion Yuan of 3-Year Bonds

MT Newswires Live06-26

China Bohai Bank (HKG:9668) has completed the issue of 5 billion yuan of Green Financial Bonds in China's interbank bond market, a Wednesday bourse filing stated.

The bonds carry a coupon rate of 2.05% and will fall due in three years. The lender will use proceeds from the issue for certain green industrial projects.

Shares of the company closed 1% lower on Wednesday.

Price (HKD): $0.95, Change: $-0.01, Percent Change: -1.04%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment