All posts tagged "Perpetual Bonds"
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320Capital RegulationChinese Banks Rush to Issue Perpetual Bonds – Report
Nine of China's banks have issued perpetual bonds worth about 410 billion yuan so far, and another eight are preparing to raise another 400 billion yuan.
September 23, 2019 -
367Big PictureCross-holdings Among Chinese FIs Raise Systemic Risk: S&P
A new report from S&P says insurers’ high exposure to banks and cross-holdings between banks could heighten systemic risk.
August 21, 2019 -
553Capital RegulationChina to Support Banks that Swap Corporate Debt for Equity
The new measures encourage banks to set up subsidiaries to invest in debt-for-equity swaps, helping them to offload distressed debt and ease rising NPL pressures.
August 1, 2019 -
851Capital RegulationChina Simplifies Issuance of Preferred Shares for Smaller Banks
The revised guidance makes it easier for non-listed banks to replenish Tier 1 capital through the issuance of preferred shares. To date, only listed banks have issued such instruments.
July 23, 2019 -
465Capital Regulation10 Major Chinese Banks Planning Perpetual Bond Issuances
Following BOC's perpetual bond issuance in January, 10 more Chinese banks have announced plans to issue similar bonds, including ABC, ICBC and CCB.
May 3, 2019 -
593Capital Regulation
PBOC Launches Bills Swap Facility for Perpetual Bonds
The central bank bills swap will allow banks to temporarily exchange perpetual bonds for central bank bills for one year, at a rate of 0.25 percent.
February 21, 2019 -
1.4K1Capital Regulation
PBOC Perpetual Bond Support Seen as Banking System Bailout
China's recent moves to help banks replenish capital through perpetual bond issuances are seen as a bailout of the banking system. But what happens in another crisis?
January 30, 2019 -
877Capital Regulation
PBOC Enhances Liquidity Support for New Perpetual Bond Market
Perpetual bonds can be swapped for central bank bills and serve as eligible collateral for PBOC lending. Bank of China issuance was more than 2x oversubscribed.
January 28, 2019 -
766Capital RegulationBOC Wins First-Ever Approval for Perpetual Bond Issuance
Bank of China's perpetual bond issuance is likely to see participation from foreign investors as China pushes to further open up its bond markets.
January 18, 2019 -
593Capital Regulation
China Promotes Perpetual Bonds to Replenish Bank Capital
The FSDC has given the green light to allow commercial banks to replenish their capital through issuing perpetual bonds. Bank of China likely to be the first to do so.
December 31, 2018
