IN BRIEF (Page 16)
China Daily | Updated: 2008-11-20 08:10
Barclays sells stock
Barclays Plc, the UK's second- biggest bank, said institutional shareholders bought all the 500 million pounds of preferred stock offered to them.
The stock, previously reserved for Persian Gulf funds and paying 14 percent annual interest until 2019, has been "placed with Barclays institutional investors in full", the London-based bank said in a Regulatory News Service Statement yesterday.
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