BoC Singapore out with dual tranche renminbi
Bank of China (Singapore) has launched price guidance for a dual tranche offshore renminbi bond on Tuesday, in what will be the first deal this year specifically targeting Singapore investors.
Global co-ordinators Bank of China Hong Kong, DBS, OCBC and Standard Chartered set initial price thoughts for the two year in the 3.55% area and 4.2% area for the five year.
BoC has only issue done other dim sum bond which serves as the comparable for the new
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