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China Reinsurance wraps redemption of RMB 5 billion of 10-year bonds
By Mary-Katherine Stinson
Lexington, Ky., Nov. 29 – China Reinsurance (Group) Corp., announced it completed the full redemption of its RMB 5 billion of 10-year capital supplementary bonds issued by subsidiary China Life Reinsurance Co. Ltd., according to an announcement.
The bonds were conditionally callable at the end of the fifth year. They were issued Nov. 15, 2018 and Nov. 29, 2018.
The reinsurance company is based in Beijing.
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