|
BIZCHINA> Center
![]() |
|
Related
BOC to issue bonds in Hong Kong
(Xinhua)
Updated: 2008-09-05 14:43 Bank of China Limited (BOC) announced in Hong Kong Special Administrative Region Thursday that it will issue 3 billion RMB-denominated bonds in Hong Kong from September 5 to 16. This is the second time for BOC to issue RMB bonds in the southern Chinese city. The 3 billion bonds will be issued in two tranches. Tranche A bonds will have a term of two years and bear an interest rate of 3.25 percent on an annual basis. Tranche B bonds will have a term of three years with an annual interest rate of 3.40 percent. Both Tranche A and B will be offered to retail and institutional investors. The proceeds raised from the offering will be used for the general corporate purposes of BOC. The joint lead managers and bookrunners for the bond offering are Bank of China (Hong Kong) Limited and BOCI Asia Limited. The retail bonds will be distributed through 17 placing banks with branches in Hong Kong. Early last year, BOC became the first Chinese mainland commercial bank to issue RMB bonds in Hong Kong. Since then, more Chinese mainland banks have come to issue RMB bonds in the city. (For more biz stories, please visit Industries)
|
秦皇岛市| 汽车| 泾川县| 全州县| 博白县| 大关县| 金乡县| 繁昌县| 新竹县| 临邑县| 叙永县| 维西| 东辽县| 博兴县| 汉川市| 巫山县| 三都| 大名县| 玉屏| 纳雍县| 奉新县| 嵊泗县| 马山县| 辉县市| 博爱县| 兴化市| 元阳县| 宁化县| 皋兰县| 青神县| 武川县| 黎平县| 如皋市| 都江堰市| 鹤岗市| 宜阳县| 龙海市| 大同市| 湾仔区| 万宁市| 萍乡市|