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China Construction Bank redeems RMB 40 billion tier 2 capital bonds
Chicago, Oct. 31 – China Construction Bank Corp. announced the redemption of its RMB 40 billion of domestic tier 2 capital bonds that were issued between Oct. 25, 2018 and Oct. 29, 2018, according to a notice.
The notes had an optional call available to the issuer at the end of the fifth year.
Accordingly, the bonds were redeemed in full at par on Oct. 30.
The bank is based in Beijing.
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