Bank of China - 20B CNY Token

BOC20B

Bank of China - 20B CNY logo

The Raise Total

$2,800,000,000

Price Per Token

$1

Raise Start

December 3, 2019

Minimum Investment

$0

https://www.boc.cn/en/

On December 3, Bank of China completed the issuance and pricing of the first phase of 20 billion yuan of special financial bonds for small and micro enterprise loans in 2019. The raised funds were specially used to issue loans to small and micro enterprises to support the development of the real economy.

Terms

Fundraise Information

Total Raise $2,800,000,000 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $0 USD
Accepted Investors International Accredited
Exemptions N/A
Instrument Bond
Token Issuance Info Institutional Transaction

Token Information

Price Per (BOC20B) $1
Token Issuance Platform Bank of China
Blockchains Available On Other
Security Type Fixed Income
Asset Class Debt
Payment Options Other

Token Rights

Coupon rate of 3.25% and a subscription multiple of approximately 2.7 times

About

Overview

On December 3, Bank of China completed the issuance and pricing of the first phase of 20 billion yuan of special financial bonds for small and micro enterprise loans in 2019. The raised funds were specially used to issue loans to small and micro enterprises to support the development of the real economy.

Issuer(s): Bank of China
Date: 12/3/2019
Country: China
Size (Native Currency): 20B CNY
Size (USD): $2.8B
Length: 2 Years
Coupon: 3.25%

Highlights

This listing is for informational purposes only, highlighting the issuance information. Trading data is currently unavailable

This token has reached maturity

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