Bank of Communications (03328.HK)(601328.SH) successfully issued its first batch of total loss-absorbing capacity non-capital bonds (TLAC) today (the 3rd). The bond's scale reached 30 billion yuan, with a term of 3+1 years, and a coupon rate set at 2.11%, with a total subscription multiple as high as 2.2 times. The bond issuance was jointly underwritten by Haitong Sec.
交行(03328.HK)成功發行首單300億人幣TLAC非資本債券
China Communications Bank (03328.HK) successfully issued its first 30 billion yuan TLAC non-capital bonds.
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