Taiwanese lifers flock to SocGen’s renminbi tier two
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Asia

Taiwanese lifers flock to SocGen’s renminbi tier two

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Société Générale joined a select club of non-Chinese banks to sell a Basel III bond in offshore renminbi (CNH) on May 26. The French lender achieved both its cost saving and diversification goals with the 10 year non-call five tier two bond.

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