trending Market Intelligence /marketintelligence/en/news-insights/trending/qjeuxmdwmphqfy25azn9nw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

China Merchants Bank redeems 7B yuan of bonds

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

China Merchants Bank redeems 7B yuan of bonds

China Merchants Bank Co. Ltd. redeemed 7 billion yuan of 15-year bonds issued in 2008.

The bank said Sept. 5 that it exercised its right to redeem the bonds on the 10th anniversary of the issuance.

As of Sept. 5, US$1 was equivalent to 6.83 Chinese yuan.