trending Market Intelligence /marketintelligence/en/news-insights/trending/rPeiQpXlniAFn8XfjAeFiA2 content esgSubNav
In This List

Industrial & Commercial Bank of China redeems 20B yuan of bonds

Blog

Banks’ Response to Rising Rates & Liquidity Concerns

Blog

Navigating Basel IV: Guidance and insight into complying with the new reforms for banks

Blog

Banking Essentials Newsletter: 23rd August edition

Blog

Banking Essentials Newsletter: 9th August Edition


Industrial & Commercial Bank of China redeems 20B yuan of bonds

Industrial & Commercial Bank of China Ltd. redeemed 20 billion yuan of Tier 2 capital bonds.

The bonds were issued Aug. 6, 2014. The bank fully redeemed the bonds Aug. 5.

As of Aug. 5, US$1 was equivalent to 7.05 Chinese yuan.