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Bank of China redeems in full RMB 40 billion tier 2 bonds due 2028
By Mary-Katherine Stinson
Lexington, Ky., Oct. 12 – Bank of China Ltd. exercised its redemption option for its RMB 40 billion 10-year fixed-interest rate tier 2 capital bonds on the fifth anniversary of the bonds, which was Oct. 11, according to a notice.
The bonds were redeemed in full.
They were issued Oct. 9, 2018.
Bank of China is based in Beijing.
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