October 31, 2019 / 12:37 AM / 20 days ago

UPDATE 1-China's finance ministry to re-issue euro bonds after 15-year hiatus

* BoC to assist with euro-denominated sovereign bonds

* BoC will be lead underwriter and bookkeeping manager

* First re-issue in 15 years (Adds details, background)

SHANGHAI, Oct 31 (Reuters) - Bank of China Ltd said on Thursday it was appointed by the country’s finance ministry to assist with the re-issue of euro-denominated sovereign bonds after a 15-year hiatus.

The Bank of China, the country’s most international state-owned lender, will be the joint lead underwriter and bookkeeping manager for the re-issue of the euro-denominated sovereign bonds in Europe.

The lender announced the re-issue on its official website.

The re-issue is the first since the issuance of 1 billion euros of sovereign bonds by the Ministry of Finance in 2004. (Reporting by Wang Jing and Engen Tham in Shanghai Editing by Jacqueline Wong)

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