China’s biggest banks issue first loss-absorbing debt
China's leading banks have taken a significant step towards meeting international financial regulations by issuing…
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Total Loss-Absorbing Capacity (TLAC)
China’s largest bank to issue 1st-ever TLAC bonds
Industrial and Commercial Bank of China (ICBC) plans to issue $4.15 billion in TLAC bonds on May 15th.
China’s banks face $900b bill to meet global bailout rules
China's five largest lenders must raise nearly $900 billion in special debt by 2028 to comply with international…