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China Construction Bank redeems RMB 40 million subordinated bonds
By Mary-Katherine Stinson
Lexington, Ky., Nov. 23 – China Construction Bank Corp. completed the full redemption of RMB 40 million subordinated bonds on Nov. 22, according to a notice.
The bonds were callable at par at the company’s option on the last day of the 10th interest accrual year, which was Nov. 22.
The bonds were originally issued Nov. 22, 2012.
The bank is based in Beijing.
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