Bank of China Unit Said to Plan 132 Million Yuan 1.4% Notes Sale

Date:2011-08-26wangxin  Text Size:

Bank of China Ltd.(601988.SH) 's Hong Kong unit hired HSBC Holdings Plc to help it sell 132 million yuan of one- year fixed-rate certificates of deposit, according to a person familiar with the matter.

The senior unsecured notes, due August 2012, pay an annual 1.4 percent coupon, the person said, asking not to be identified as details are private.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/08/24/bloomberg1376-LQGM4O6K50Y101-6MOTFA6NA50MOUL8D5SOSFVTIO.DTL#ixzz1W62kbXt6

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