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China Bohai Bank Completes RMB10 Billion Bond Issuance

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China Bohai Bank Completes RMB10 Billion Bond Issuance

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The latest announcement is out from China Bohai Bank Co., Ltd. Class H ( (HK:9668) ).

China Bohai Bank Co., Ltd. has successfully completed the issuance of its 2025 Undated Capital Bonds in the China national inter-bank bond market, with a total issue size of RMB10 billion and a coupon rate of 2.37% for the first five years. The proceeds from the bond issuance will be used to replenish the bank’s additional tier 1 capital, potentially strengthening its financial position and enhancing its capital adequacy.

More about China Bohai Bank Co., Ltd. Class H

China Bohai Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. The bank focuses on providing a range of banking services and products, with a market presence in the national inter-bank bond market.

Average Trading Volume: 5,147,076

Technical Sentiment Signal: Hold

Current Market Cap: HK$17.76B

Learn more about 9668 stock on TipRanks’ Stock Analysis page.

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