BOC Hong Kong Hold. : Bank of China (Hong Kong) Launches RMB Sovereign Bond Subscription Service with Promotional Offers

   Date:2011/08/19

Bank of China (Hong Kong) Limited ("BOCHK") announced the offering of the RMB Sovereign Bond subscription service and a host of promotional offers from 18 August 2011. The promotional offers, including waivers of 0.15% subscription fee, custody fee and interest collection fee, are all designed to help customers reduce bond subscription costs.

To subscribe for the RMB Sovereign Bond through BOCHK, customers must hold a securities account and a Multi-Currency Savings Account/RMB savings account as the settlement account with the Bank. The bond subscription refund and the interest collected in respect of the bond will be credited to customer

Source:4-traders

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