Are Perpetual Bonds Becoming a Thing for Chinese Banks Now?
Posted on 04/04/2019
China CITIC Bank Corporation Limited notified the public that it is looking to sell US$ 5.9 billion in perpetual bonds. This came after reporting strong results for 2018. Citic Bank is one of 12 joint-stock lenders doing business in China. Chinese lenders have become active in issuing perpetual bonds to increase their capital ever since […]
