Bank of China selling multi-tranche Formosa with longest ever tenor

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Bank of China selling multi-tranche Formosa with longest ever tenor

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Sean Gladwell - Fotolia

Bank of China (BoC) Taipei Branch is marketing a multi-tranche Formosa bond, and will be pricing the deal as early as today (June 8), sources have told GlobalRMB. The deal will include a 15 year tranche, the longest tenor ever for an RMB-denominated bond in Taiwan.

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