Fintech Zoom Archives - ĀŅĀ׶ĢŹÓʵ Know More. Risk Better.Ā® Wed, 23 Sep 2020 02:51:05 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png Fintech Zoom Archives - ĀŅĀ׶ĢŹÓʵ 32 32 Chinaā€™s Greatest Bank Falls Quick in Bid to Replenish Capital https://fintechzoom.com/fintech_news_banking/chinas-biggest-bank-falls-short-in-bid-to-replenish-capital/ Thu, 17 Sep 2020 16:01:31 +0000 http://know.creditsights.com/?p=2738 The Further Tier 1 bonds priced at a yield of 3.58%, which was just under what rival Bank of China issued debt at earlier this year, in accordance with Pramod...

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]]> The Further Tier 1 bonds priced at a yield of 3.58%, which was just under what rival Bank of China issued debt at earlier this year, in accordance with Pramod Shenoi, head of APAC analysis at Creditsights. ā€œAchieving a tighter coupon may have been more important for the issuer,ā€ Shenoi stated. ā€œWeā€™ve seen that investors have had less cash to put to use more recently ā€” they have allocated their cash and cash levels are low ā€” so overall supply would have used up their cash.”

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