BRIEF-Bank Of China Says Redemption Of Write-Down Undated Capital Bonds

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BRIEF-Bank Of China Says Redemption Of Write-Down Undated Capital Bonds

Reuters01-30

Jan 30 (Reuters) - Bank of China :

* REDEMPTION OF WRITE-DOWN UNDATED CAPITAL BONDS

* ON 25 JAN 2019, BANK ISSUED WRITE-DOWN UNDATED CAPITAL BONDS OF RMB40 BILLION

* BANK EXERCISED REDEMPTION OPTION AND REDEEMED BONDS IN FULL AMOUNT

* AS AT JAN 30, BANK HAS RECEIVED APPROVAL FROM NATIONAL FINANCIAL REGULATORY ADMINISTRATION FOR WRITE DOWN

Source text for Eikon: Further company coverage:

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

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