Bank of Tianjin Co., Ltd. Class H (HK:1578) has released an update.
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Bank of Tianjin Co., Ltd. has successfully issued RMB5.0 billion worth of three-year fixed-rate financial bonds with a coupon rate of 1.78% on the National Inter-bank Bond Market. The proceeds from these bonds will be used to stabilize liability scales, optimize the liability structure, and invest in high-quality assets. This strategic move aims to bolster the bank’s financial stability and investment portfolio.
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