You are here

OCBC sells its first Basel III-compliant bond

US$1b issue comes under its US$10b note programme

OCBC Bank yesterday issued its first Basel III-compliant bond - US$1 billion of 10-year fixed rate subordinated notes - under its US$10 billion global medium term note programme. The capital-boosting exercise comes amid its acquisition of Hong Kong's Wing Hang Bank for $6.23 billion announced on

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom