USD bond idea
Azure Orbit 4% 25Jan2028
Cust price: 99.50
YTM: 4.06%
Fitch: Ae
Ccy: USD
Guarantor: Bank of Communication Leasing Management
BOCOMFL as a core & wholly owned subsidiary of BOCOM is likely to benefit from extraordinary government support if the need arises.
BOCOM is the fifth largest commercial bank in China with total assets of RMB 8.9trn as at September 2017.
Cust price: 99.50
YTM: 4.06%
Fitch: Ae
Ccy: USD
Guarantor: Bank of Communication Leasing Management
BOCOMFL as a core & wholly owned subsidiary of BOCOM is likely to benefit from extraordinary government support if the need arises.
BOCOM is the fifth largest commercial bank in China with total assets of RMB 8.9trn as at September 2017.
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