Dongguan Rural Commercial completes redemption of tier 2 bonds

By Mary-Katherine Stinson

Lexington, Ky., June 13 – Dongguan Rural Commercial Bank Co., Ltd. announced it has completed the full redemption of its RMB 4 billion tier 2 10-year capital bonds, according to a notice.

The bonds were originally issued June 9, 2017.

The bonds were callable at par on the last day of the fifth interest-bearing year which was June 12.

The bank is based in Dongguan City, China.

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