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Oversea-Chinese Banking calls RMB 600 million 4.6% subordinated bonds
By Marisa Wong
Madison, Wis., May 15 - Oversea-Chinese Banking Corp. Ltd. will redeem all of its outstanding RMB 600 million of 4.6% redeemable subordinated bonds due 2018, according to a Singapore Exchange announcement.
The bonds will be redeemed on June 6.
The Singapore-based financial group issued the 4.6% subordinated bonds in June 2008.
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