customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

helpersCheckIsPostiesArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

moreOnThisArticles

urlAlias

commentCount

sponsorType

authorLocations

authors

corrections

displaySlideShow

multimediaEmbed

seriesContainer

printHeadline

socialHeadline

headline

glossary

flattenTypeIds

paywallTypes

publishedDate

additionalInfoBoxes

images

image

relatedLinks

relatedNewsletters

__typename

createdDate

sponsor

factSheets

series

summary

updatedDate

flag

knowledgeQuestion

disableOffPlatformContent

published

subHeadline

body

keywords

copyrighted

customTimezone

liveContents

Josephine Ma

The Bank of China is expected to increase its five-year floating rate certificates of deposit to $4 billion.

  Arranger China Development Finance Co (CDFC) said the bank's headquarters had earlier approved a maximum issue of $4 billion.

  After the $2 billion issue was 4.5 times over-subscribed on Monday, the Hong Kong branch had been expected to seek final approval from Beijing to increase the issue.

  Final clearance has been delayed until today because of the public holidays in China.

  'We have to report to the Beijing headquarters. But the chance for the issue to increase to the maximum amount is very high,' CDFC said.



Bank of China ready to increase CD issue

Bank of China (BOC)

The Bank of China