Bank of China issues BRI-related bonds

Bank of China Ltd completed the issuance of Belt and Road Initiative themed, $3.8 billion equivalent multi-currency bonds on Thursday to raise low-cost funding for medium and long-term projects related to the initiative.

Eight types of bonds were issued this time in five currencies, which are the US dollar, the euro, the renminbi, the Hong Kong dollar and Macao pataca, by Bank of China's branches in Luxembourg, Frankfurt, Sydney, Hong Kong and Macao.

All the bonds issued will be listed on the Hong Kong Exchanges and Clearing Ltd's markets, and some types of the bonds will also be listed on the China Europe International Exchange, the Frankfurt Stock Exchange and the Luxembourg Stock Exchange.