17 September 2019

CCB, BOC eye RMB bonds in Taiwan, CNA says

China Construction Bank Corp. (00939.HK, 601939.CN) and Bank of China Ltd. (3988.HK, 601988.CN) are seeking approval from Taiwanese authorities to issue yuan-denominated bonds, Central News Agency reported Monday, citing the securities regulator. Each applied for a 2 billion yuan (US$328.23 million) quota. On Nov. 27, Taiwan’s Financial Supervisory Commission gave the go-ahead to mainland banks to issue such bonds, the report said. 

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