SEHK:3988Banks
A Look At Bank Of China (SEHK:3988) Valuation After RMB 50b Tier 2 Capital Bond Issuance
Bank of China (SEHK:3988) completed a RMB 50 billion write down Tier 2 capital bond issuance at a 1.97% coupon. This event puts its capital position and funding costs in clearer focus for shareholders.
See our latest analysis for Bank of China.
The recent RMB 50 billion Tier 2 bond issue comes as the HK$5.18 share price sits on a 30 day share price return of 5.93%. The 1 year total shareholder return of 22.52% and 5 year total shareholder return of 150.36% suggest momentum has been building...