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Agricultural Bank of China redeems RMB 50 billion tier 2 bonds
By William Gullotti
Buffalo, N.Y., March 20 – Agricultural Bank of China Ltd. redeemed in full its RMB 50 billion of 10-year tier 2 capital bonds issued in March 2019, according to a company announcement on Wednesday.
The bonds were redeemed on March 19.
The commercial bank is based in Beijing.
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