Today, Tokyo Stock Exchange approved a CNY-denominated bond with a total value of CNY 500 million (tenor: 3 years, coupon: 3.80%) from Industrial and Commercial Bank of China Limited for listing on the professional-oriented TOKYO PRO-BOND Market.
Industrial and Commercial Bank of China Limited has listed program information since February 29, 2016. This listing will be the second series of individual bonds listed under the program. The lead underwriters of this bond are Mizuho Securities Asia Limited, SMBC Nikko Capital Markets Limited and Daiwa Capital Markets Singapore Limited. The bond will be issued on October 31, 2016, with listing following on November 1, 2016. Details on the issuance conditions of the bonds can be found on the TOKYO PRO-BOND Market website.