China Taiping Insurance Holdings' (HKG:0966) unit Taiping Life Insurance has repurchased and canceled the outstanding bonds of 8.21 billion yuan for 21 Taiping Life and 3.42 billion yuan for 22 Taiping Life 01, in the National Inter-bank Bond Market, a Friday filing with the Hong Kong Exchange said.
The current repurchases represent around 82.1% of the initial principal amount of 21 Taiping Life with 1.79 billion yuan remaining and about 68.4% of the initial principal amount of 22 Taiping Life 01 with 1.58 billion yuan remaining.
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