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Published on 11/13/2020 in the Prospect News Emerging Markets Daily.

New Issue: Industrial and Commercial Bank of China sells MOP 2.1 billion 1.2% notes due 2022

By Wendy Van Sickle

Columbus, Ohio, Nov. 13 – Industrial and Commercial Bank of China Ltd., Macau Branch issued MOP 2.1 billion of 1.2% notes due 2022, according to a listing notice.

The Macanese pataca-denominated notes were issued under the bank’s $20 billion medium-term note program.

Listing of the notes on the Chongwa (Macao) Financial Asset Exchange Co., Ltd. became effective Friday.

The bank is based in Macau.

Issuer:Industrial and Commercial Bank of China Ltd., Macau Branch
Issue:Medium-term notes
Amount:MOP 2.1 billion
Maturity:2022
Coupon:1.2%
Listing date:Nov. 13

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