Print this article

Asia's BOCHK Group Launches Bond Subscription Offers

Tom Burroughes

30 November 2015

The BOCHK Group, which is made up of a number of banking entities, is rolling out a series of incentives for purchasers of renmbinbi-denominated sovereign bonds, time deposits and exchange rates.

Alongside these moves, BOCHK Group is extending service hours so clients can subscribe to renminbi bonds. From 9am on 27 November to 2pm on 14 December, clients who successfully bid for the debt via the banking group will obtain full fee waivers, including the 0.15 per cent subscription fee, custody fee, interest collection fee, and other charges, the firm said.

The BOCHK Group comprises Bank of China , Nanyang Commercial Bank and Chiyu Banking Corporation.

BOCHK is one of the three note issuing banks and the clearing bank for renminbi business in Hong Kong.