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Financing Costs

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BOC to issue 20 billion RMB bonds in HK
bank of china company demand financing financing costs it is it is understood local

Bank of China (601988) January 29 announced that the bank in Hong Kong before the end of 2012 issued a total size of not more than 20 billion yuan in the bill was approved by a special shareholder meeting. The bill was approved by the Board of Directors of the company at the end of last year.　　Lihui, president of BOC, said that capital demand and the relatively low financing costs of the Hong Kong bond market were the main reasons for BOC's choice to issue debt in Hong Kong. It is understood that from September 8 to September 24 last year, the Bank of China in Hong Kong to the local public issued 5 billion yuan bonds, the bond is considered to be the first time the Non-bank institutional investors to participate ...

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