Bank of China Issues 20 Billion Yuan Bonds
MT Newswires Live12-11
Bank of China (HKG:3988) issued 20 billion yuan write-down undated capital bonds in China's interbank market, according to a Tuesday filing with the Hong Kong bourse.
The bonds carry a 2.17% coupon rate for five years, which will reset afterward. The bank retains redemption rights from year five onward.
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