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BANK OF CHINA Completes Issuance of RMB60B Tier 2 Capital Bonds w/ 2.16% Coupon Rate
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Having obtained the approvals from relevant regulatory authorities, BANK OF CHINA (03988.HK) announced that it completed the issuance of write-down tier 2 capital bonds yesterday (26th).

The bonds have a term of 10 years, a coupon rate of 2.16%, an amount of RMB60 billion, and a redemption right of the issuer at the end of the fifth year.

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