Bank of Shanghai Fully Redeems 20 Billion Yuan in Bonds

MT Newswires Live2024-11-13

Bank of Shanghai (SHA:601229) fully redeemed 20 billion yuan worth of 10-year secondary capital bonds, according to a Wednesday filing with the Shanghai bourse.

The bank exercised its right to redeem the bonds on the last day of the fifth interest-bearing year, which was on Nov. 12.

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