Bank of China (Hong Kong) Limited ("BOCHK") announced the offering of the RMB Sovereign Bond subscription service and a host of promotional offers from 18 August 2011. The promotional offers, including waivers of 0.15% subscription fee, custody fee and interest collection fee, are all designed to help customers reduce bond subscription costs.
To subscribe for the RMB Sovereign Bond through BOCHK, customers must hold a securities account and a Multi-Currency Savings Account/RMB savings account as the settlement account with the Bank. The bond subscription refund and the interest collected in respect of the bond will be credited to customer
Source:4-traders