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Bank of China Redeems Tier-2 Capital Bonds Early

November 25, 2024

Bank of China (HK:3988) has released an update.

Bank of China has redeemed its RMB30 billion Tier-2 capital bonds, originally issued in 2019, marking a significant financial move ahead of the bonds’ scheduled maturity in November 2024. This action reflects the bank’s strategic financial management and its proactive approach in handling its debt obligations.

For further insights into HK:3988 stock, check out TipRanks’ Stock Analysis page.

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