Banking

Bank of China raises global profile with $3.8b bond

BOC is upping its international profile by issuing $3.8 billion bonds in multiple currencies in Frankfurt, Luxembourg, Sydney, Hong Kong and Macau.
Bank of China launched a $40 billion medium term note programme earlier in April.
Bank of China launched a $40 billion medium term note programme earlier in April.

Bank of China (BOC) is expanding its profile in Europe and Australia with bond offers in Frankfurt, Luxembourg and Sydney, as well as Hong Kong and Macau. The state-owned bank has sold $3.78 billion in eight tranches of Reg S paper in multiple currencies.  

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