Home MARKETS Currencies BOC bags Belt and Road blockbuster

BOC bags Belt and Road blockbuster


Bank of China hit Asia’s debt market hard on Tuesday, unleashing a huge deal spanning four currencies and six tranches. The $3.1bn-equivalent deal was designed to make a statement to the market that it should not forget China’s Belt and Road initiative, DCM bankers said. Morgan Davis and Addison Gong report.

Announced on Monday and launched the following day, BOC sold a Rmb1.5bn ($217.41m) three year note, a $650m three year floating rate note, a $750m five year, a $300m 10 year, a €500m($530.1m) three year floater and a A$800m ($600.2m) five year floater via branches across four continents.

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.


Please wait...

Welcome to US-China Investment News!

Finance, Real Estate, Technology News, Contributor content and Third Party research reports. Enter your details to receive our monthly newsletters and updates. info@uschnews.com