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Published on 4/24/2020 in the Prospect News Emerging Markets Daily.

Agricultural Bank of China plans up to RMB 40 billion tier 2 bonds

By Sarah Lizee

Olympia, Wash., April 24 – Agricultural Bank of China Ltd. said it plans to issue up to RMB 40 billion of tier 2 capital bonds.

The company recently obtained regulatory approval to issue the bonds in China’s interbank bond market, according to a notice.

Based in Beijing, the commercial bank has branches in mainland China, Hong Kong and Singapore.


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