trending Market Intelligence /marketintelligence/en/news-insights/trending/q5RLzuwrMzQNrvdwTaDuTQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Bank of Yokohama to redeem ¥40B of securities issued by special purpose unit

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Bank of Yokohama to redeem ¥40B of securities issued by special purpose unit

Bank of YokohamaLtd. decided to redeem all preferred securities issued by Yokohama PreferredCapital Cayman Ltd., a special purpose subsidiary of the bank.

The bank said April 27 that it will redeem ¥40 billion worthof noncumulative, perpetual and preferred securities. The redemption price is ¥10million per preferred security.

The scheduled redemption date is July 25.

As of April 27, US$1 wasequivalent to ¥111.27.