Bank of China (HK:3988) has released an update.
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Bank of China has successfully issued RMB10 billion worth of 4-year fixed-rate green bonds on China’s national interbank bond market. These bonds, with a coupon rate of 1.78%, are aimed at enhancing the bank’s loss-absorbing capacity and funding green industry projects. The issuance marks a significant step in the bank’s commitment to sustainable financial practices.
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