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Bank Of China (HKSE:03988) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is Bank Of China Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Bank Of China's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Bank Of China Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Bank Of China's Mortgage Backed Securities (USD Mil) can be seen below:

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Bank Of China Mortgage Backed Securities (USD Mil) Chart



Bank Of China  (HKSE:03988) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


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Bank Of China (HKSE:03988) Business Description

Industry
Traded in Other Exchanges
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.

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