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Bank of Zhengzhou redeems all RMB 3 billion of 4.1% bonds due 2026
By Devika Patel
Knoxville, Tenn., Dec. 22 – China’s Bank of Zhengzhou Co., Ltd. redeemed its RMB 3 billion of 4.1% tier 2 capital bonds due December 2026 in full on Dec. 22, according to an announcement.
The notes were issued on Dec. 21, 2016 and were callable after five years.
The bank is based in Zhengzhou, China.
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