ICBC dim sum bond

ICBC Asia tests investor appetite with first sub-debt dim sum

It is also poised to be the first Asian bank to issue Basel III compliant capital.

<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: AFP</div>

Denise Wee

October 28, 2011

Industrial & Commercial Bank of China (Asia) yesterday launched its benchmark lower tier-2 issue, in what is the first subordinated bond in the nascent offshore renminbi bond market. The bank is also poised to be the first Asian bank to issue Basel III compliant debt.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.