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Bank of China's Bond Sales for Capital Requirements
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Bank of China plans to sell $21 billion of loss-absorbing bonds to comply with global capital requirements, becoming the first major state bank to meet the TLAC requirements set by the Financial Stability Board.
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How does this bond sale reflect Bank of China's role in shaping global financial regulations?
How might the sale of loss-absorbing bonds impact global capital requirements and financial stability?
What are the potential implications of other lenders following suit to meet TLAC requirements?
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