No premium needed for Chong Hing’s Basel III tier two

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No premium needed for Chong Hing’s Basel III tier two

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Businessman hand grabbing money, US dollar (USD) bills | kritchanut - Fotolia

Chong Hing Bank raised $360m on Monday from Asia’s first Basel III compliant tier two dollar bond of the year, benefiting from the rarity of the structure in the region’s dollar market.

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