Bank of East Asia, Limited 6.75% 27-JUN-2034Bank of East Asia, Limited 6.75% 27-JUN-2034Bank of East Asia, Limited 6.75% 27-JUN-2034

Bank of East Asia, Limited 6.75% 27-JUN-2034

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Key terms


Outstanding amount
‪650.00 M‬USD
Face value
1,000.00USD
Minimum denomination
250,000.00USD
Coupon
6.75% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
6.34%
Maturity date
Jun 27, 2034
Term to maturity
9 years

About Bank of East Asia, Limited 6.75% 27-JUN-2034


Sector
Finance
Industry
Major Banks
Home page
Issue date
Jun 27, 2024
FIGI
BBG01NCLRK68
The Bank of East Asia Ltd. engages in the provision of banking and related financial services. It operates through the following segments: Personal Banking, Wholesale Banking, Treasury Markets, Wealth Management, Centralised Operations, and Others. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business. The Wholesale Banking segment offers corporate lending, loan syndication, asset-based lending, commercial lending, securities lending, and trade financing activities with correspondent banks and corporates. The Treasury Markets segment focuses on treasury operations and securities dealing. The Wealth Management segment is involved in private banking business, investment products, advisory, securities, and futures broking. The Centralised Operations segment provides supporting units for banking operations. The Others segment is comprised of insurance business and trust business carried out by subsidiaries. The company was founded in 1918 and is headquartered in Hong Kong.
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