tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bank of Tianjin Issues RMB3.0 Billion Sci-tech Innovation Bonds

Story Highlights
Bank of Tianjin Issues RMB3.0 Billion Sci-tech Innovation Bonds

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Bank of Tianjin Co., Ltd. Class H ( (HK:1578) ) has provided an announcement.

Bank of Tianjin Co., Ltd. has successfully issued RMB3.0 billion in Sci-tech Innovation Bonds in the National Inter-bank Bond Market, with a five-year fixed rate and a coupon rate of 1.80%. The proceeds will be used to support the sci-tech innovation sector, including extending loans and investing in bonds issued by sci-tech innovation enterprises, emphasizing the bank’s commitment to fostering growth in this field.

More about Bank of Tianjin Co., Ltd. Class H

Bank of Tianjin Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on financial services. It is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.

Average Trading Volume: 946,729

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.12B

See more data about 1578 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1